The Enron and World Com Scandals Enron 1. The board directors failed their fiduciary obligation to protect their shareholders‚ employees‚ and business partners by allowing high risk accounting‚ inappropriate conflict of interest‚ expenses undisclosed off the books activity‚ excessive compensation‚ and lack of independence between the company‚ and board members. I feel the segment that got Enron into trouble was the Executive and finance committee (Brooks). 3. I do believe that they
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back-up retirement plan‚ they should plan where they would like to live according to their own research of living expenses from place to place. An accomplishment I would like to succeed in fulfilling will be to have a provocative and informal discussion which will point out both sides to the argument I am intending to
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and how your knowledge has increased as a result of what you experienced through the learning activities in the previous week. * Submit your team summary of the discussion in a 1- to 2-page Microsoft® Word document. In week two I learned a lot about how different databases reflect in different ways according to the different business needs. During the second discussion question I learned about how the two major databases‚ Microsoft Access and Oracle are leading the top businesses today. There
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Personal Responsibility GEN/200 26 July‚ 2013 Personal Responsibility Heading back to school after all these years‚ I found myself reflecting on the many attempts through the years to finally finish a degree. Day Personal responsibility is an essential element in every aspect of one’s life. What exactly does personal responsibility mean; the answer is most likely different for everyone. Chuck Gallozzi may have summed it up best when he stated‚ “Responsibility
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In your opinion‚ what is the best way to reduce child labor for multinational corporations? How is the phenomenon of child labor viewed from your ethical perspective? Given the ethical perspective of a particular group to which you currently belong‚ or previously belonged‚ how would child labor be viewed? In my opinion‚ the best way to reduce child labor for multinational corporations is to help the host nations in stressing the value of education to its citizens and improving educational opportunities
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Read the interview with Elizabeth Buchanan on virtual research ethics [Readings in virtual research: Issues and controversies. (2004‚ January-June). Information Technology Newsletter‚ 15(1)‚ 22-25.]. You can find this article through the Ashford Online Library. Write a summary of this interview and add your thoughts on how this affects the business research process. Respond to at least two of your fellow students ’ postings. As technology has advanced‚ many researchers have started conducting
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Unintentional discrimination occurs when a company’s policies uncritically reflect prejudicial stereotypes yet do not involve overt racial prejudices of its managers or executives. Does legislation to verify voter identification fall under the domain of unintentional or intentional discrimination? Explain your views. One example that comes to mind is of companies using puffery in order to sell product in the bottled water industry. In many cases‚ bottled water companies use images in their advertising
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Reviewing the investments in your portfolio‚ you realize that the carbon footprint connected to your investments is relatively large‚ but your oil company stock also pays for the family holidays each year. The company’s website also says that it uses a high proportion of its profits to invest in green and renewable fuels of the future. Do you keep the stock or sell? In my opinion‚ I would keep the stock. I would weigh the advantages and disadvantages of the company. Even though the company has a
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Complete the Supply and Demand Simulation located on the Materials tab (Week 2) of the course. Write 700 - 1‚050-word paper of no more than summarizing the content. Address the following: • Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic. • Identify at least one shift of the supply curve and one shift of the demand curve in the simulation. What causes
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From your ethical perspective‚ do you ignore the company’s past and research the current product‚ digging around for alternative ethical viewpoints‚ or do you accept the possibility of earning a simple profit? The best way to go into this is to do a detailed background check on the prospective company. The best way to avoid potential problems in investing is to use the ethical investing principle. Our text states‚ “Ethical investing commonly involves avoiding stocks related to armaments‚ tobacco
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