The Failed Corporate Culture of Enron High risk accounting‚ inappropriate conflicts of interest‚ extensive undisclosed off-the-books activity‚ excessive compensation these are some of the headings of the report prepared by the U.S. Senate’s Permanent Subcommittee on Investigations titled "The Role of the Board of Directors in Enron’s Collapse." (Permanent Subcommittee on Investigations‚ 2002) In February‚ 2002‚ Enron’s former Chief Executive Officer Jeffery Skilling had testified before members
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PUTRA BUSINESS SCHOOL GSM 5131 – Business Law & Ethics Lecturer: Dr Tengku Naufal Tengku Mansor Case Study 6 JKL Wedding Bridal Gallery Jack‚ Kenny and Lenny were partners in JKL Wedding Bridal Gallery (JKL) since three (3) years ago‚ having their business in Serdang Raya. To expand their business‚ Kenny‚ the managing partner ordered a brand new of 30 pair of bridal clothes and accessories worth RM80‚000-00 from Jai Pong Brides Couture. Kenny had been financially assisted from Bank Berniaga Berhad
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Enron: The Smartest Guys in the Room The Enron scandal‚ revealed in October 2001‚ eventually led to the bankruptcy of the Enron Corporation‚ an American energy company based in Houston‚ Texas‚ and the de facto dissolution of Arthur Andersen‚ which was one of the five largest audit and accountancy partnerships in the world. In addition to being the largest bankruptcy reorganization in American history at that time‚ Enron was attributed as the biggest audit failure. Enron was formed in 1985 by Kenneth
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EXEGESIS PAPER ON EPHESIANS 6:1-3 ‘Children Obeying & Honouring their parents is a right thing to do and bring blessings’ Background: Paul the author of this letter‚ realizing that the Ephesians were starting to forsake their first love‚ wrote this epistle to encourage them to love both God and their fellow saints. The letter begins with love (1:4‚6) and ends with love (6:23-24).1 Chapter 1-3 are principally the doctrinal elaboration of the theme‚ love‚ unity‚ and chapter 4-6 teach what should be
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1. The physical science unit applies principles and techniques of chemistry‚ physics‚ and geology to the identification and comparison of crime scene evidence. 2. The wide variation in which services are offered in different crime laboratories is due to variations in local laws and budgetary and staffing limitations only. 3. The tendency of the public to believe that every crime scene will yield forensic science evidence and their unrealistic expectations that a prosecutor’s case should always
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Help Desk at AMPA Case Student: Student Number: Tutor: Workshop Time: Due Date: Contents Contents 2 1.0 Analysis Using Motivation Theories 1 1.1 Equity Theory 1 1.2 Expectancy Theory 2 2.0 Criticisms of the Management Functions 3 3.0 Main Problems Defined 4 4.0 References 5 5.0 Appendices 7 5.1 Appendix 1: SWOT Analysis 7 1.0 Analysis Using Motivation Theories 1.1 Equity Theory The Equity Theory states that people assess how fairly they have been treated
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reproduction or communication of this material by you may be the subject of copyright protection under the Act. Do not remove this notice. Dr Glenn Bewsell School of Information Systems & Technology (SISAT) of Information Systems Technology (SISAT) 1 In an emergency situation or when the emergency alarm sounds! • • Exit the building orderly and promptly Go directly to your assembly point Wait at your assembly area until advised by building Wardens (wearing orange vests) or Security that
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Principles of Selling Exam 1 Study Guide Ch. 1-5 Contract Law/ Agency Ch. 1: Selling and Salespeople * Personal Selling- is a person to person business activity in which a salesperson uncovers and satisfies the needs of a buyer to the mutual‚ long-term benefit of both parties. * Helping a customer identify problems‚ offering information about potential solutions‚ and providing after-sale service to ensure long-term satisfaction. “Customer Centric” * Everyone sells- Presidents‚ engineers…etc
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Enron Corporation: THE RISE AND FALL; ACCOUNTING SCANDAL Submitted To: Professor Bill Bristol Submitted By: Kenneth Rhodes‚ Jr. Metropolitan College of New York (MCNY) TABLE OF CONTENTS I. ABSTRACT...............................................................................................................................2 II. purpose and service....................................................................................................3 III. HistorY.............
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The rise and fall of Enron is a company that was lead to its own demise by it’s own leadership and ill business decisions. The motivational theories explained from the readings of Organization Behavior can correlate with the failure of Enron’s internal organization. Even though a company may appear to display successful business practices‚ the influence of leadership through management can ultimately lead the company to fail. Enron’s code of ethics prided itself on four key values; respect‚ integrity
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