What led to the eventual collapse of Enron under Lay and Skilling and How? Answer: All the fraud activities conducted by Lay and Skilling and bad corporate culture led to the Eventual collapse of Enron. Both were aware of the Enron Code of Ethics but they did not follow it. Kenneth Lay former CEO was indicted on 11 criminal counts of fraud and making misleading statements. Jeff Skilling was indicted on 35 counts of wire fraud‚ securities fraud‚ conspiracy‚ making false statement on financial reports
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Numerical: (1) North Country Auto-Transfer Pricing problem‚ Page 181‚ Book: MCS by Vijay Govindarajan & Robert N Anthony Solution: Facts of the case: (a) North Country Auto has departments/profit centre : (i) New & (ii) Used Car Sales‚ (iii) Parts‚ (iv) Service & (v) Body. (b) New & Used cars dept.: Headed by managers. They dealt in cars of Ford‚ Saab & Volkswagen. (c) Parts dept.: Manager was responsible for tracking parts inventory for the three lines & minimizing both carrying cost &
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Trip To South Carolina One summer day my cousins‚family‚and I flew all the way to South Carolina. Our goal in South Carolina was to visit all aquatics.When we landed we drove all the way to my grandma’s house and went straight to the hot tub and relaxed until‚ it was time for dinner and we had some delicious gumbo. The next day we all had geared up and got ready for our aquatic adventure. First‚ we went to the beach and we hanged there for about two hours.We went boogie boarding and build sand
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Fundamental Emergency Sofa Super Store Fire and Collapse The United States currently depends on approximately 1.1 million fire fighters to protect its citizens and property from losses caused by fire. Of these fire fighters‚ approximately 313‚000 are career and 823‚000 are volunteers. The National Fire Protection Association (NFPA) and the U.S. Fire Administration estimate that on average‚ 100 fire fighters die in the line-of duty each year. In fiscal year 1998‚ Congress recognized the need
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The North-West Resistance 1885 The Battle of Batoche The battle at Batoche lasted for four days‚ from May 9 to May 12. There 300 Metis and First Nations that participated in this battle. They dug rifle pits‚ and fired at Middleton’s Troops. By the last day of the battle the Metis and First Nations were out of ammunition. They started firing stones and nails from their rifles. Middleton’s troops invaded the rifle pits and the battle was over. There were over 25 dead from both sides Cut Knife Hill
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The North/South Gap The North/South gap is a divide that separates the poor (less developed countries) from the rich (more developed countries). The idea of categorizing countries by their economic and developmental status began during the Cold War with the classifications of East and West. The Soviet Union and China represented the developing East‚ and the United States and their allies represented the West. The term ‘Third World’ (less developed countries) came from the United States hoping
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was stopped by the people who are painting a rainbow in a wall that leads to highway 306. I was wondering what made them to paint rainbow in this earlier morning. I asked another passenger “Is these students painting the rainbow for a fundraising?” He explained to me that this place was a forest that has been isolated and abounded five years ago and now it becomes a shortcut way to the highway 306. Since this highway is newly constructed and it is the easiest and most convenient route to take if
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There can be many factors for why a civilization might collapse such as environmental change‚ depleting resources from over extracting‚ enemy take over‚ natural disasters‚ and several other factors. All of these factors or just one can make a settlement crumble at the height of its power and slowly or rapidly cease to exist. Similarities between the collapsing of settlements have been observed over time starting with the rising of the civilization due to good circumstances then reaching a point where
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The aim of the writing was that ‘verifying most clearly and certainly the necessity of what the Tokugawa feudal system collapsed’ from a point of view‚ for instance‚ history of thought‚ thus followed the crushed process of such legitimate worldview in the feudal Japan as Confucian‚ especially neo-Confucian in the country‚ then‚ explaining ‘a pattern of modernization in Japanese thought widely and in Japanese society narrowly’. Moreover‚ this work has three parts that appeared each independently
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Investments of North America Kristin Daughdril & William Cassidy Business Administration 418 Abstract Foreign Direct Investment (FDI) is an investment involving a long-term relationship and reflecting a lasting interest in and control by a resident entity in one economy of an enterprise resident in a different economy (UNCTAD). There are two types of FDI‚ inflows and outflows‚ which can be used to help determine the investment strategies and economies of countries engaged in FDI. North America
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