Enron case 1. What activities and practices of Enron’s management team do you believe were unethical and/ or illegal? Concealing debt By using SPEs‚ Enron’s balance sheet understated its liabilities and overstated its equity and earnings. Enron disclosed to its shareholders that it had hedged downside risk in its illiquid investments using special purpose entities which were lies. Enormous spending Extravagant expenses were rampant in the company which included enormous salary expenses
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Enron: The Smartest Guys in the Room Enron Corporation was an energy‚ commodities‚ and service company out of Houston‚ Texas founded by Kenneth Lay in 1985. Lay built natural gas power energy in East Texas which helped Enron’s stock rise. Louis Borget‚ Andrew Fastow‚ and Jeffery Skilling were the top management executives from 1985 until 2001. Each helped to bring about the demise of the company in multiple ways. One of the first scandals in Enron involved President Louis Borget and two traders
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Janette Perez Anthropology November 18‚ 2014 The Collapse of the Maya Civilizations Many believe that the cause for civilizations to collapse throughout the human history of society is due to environmental degradation‚ but there other reasons aside from the environment that also plays an important factor of why civilizations collapses. The collapse of civilizations is more complicated than just believing that is caused by the impact of human careless treatment of the environment. There are many
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merely reflects the needs and wants of customers. B. Marketing shapes consumer needs and wants. Part A ’Marketing merely reflects the needs and wants of customers.’ We all need to eat‚ drink and sleep and reproduce‚ this is all part of who we are as human beings. Therefore at the basic level companies will strive to satisfy these functions and keep doing so by once in a while showing advertisements that tells the public that they are around and can provide the products they need. The other aspect
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Affirmative Action – do we still need it? Affirmative action is a set of public policies and initiatives designed to help eliminate past and present discrimination based on race‚ color‚ religion‚ sex‚ or national origin. The original policies of Affirmative action were set up to help African Americans and other minority groups to overcome the past effects of discrimination. African Americans‚ minorities‚ and women discrimination in certain areas like employment‚ resources‚
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Marketing is an ongoing activity that does not stop‚ continuously obtaining needs that define a state of felt deprivation and wants that defines what is need. It involves transaction in terms price‚ place‚ product and promotion. At the end of this exchange‚ the most important result most desired is customer satisfaction. The discovering and satisfying of consumers’ needs and wants is the prime marketing activity. Thus‚ the marketing function is to search needs and then satisfy it. According to Philip
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Every city needs a dog park for many reasons. Being a dog owner/lover myself‚ I know how important it is for all dogs to have access to a dog park. Some people may say it’s a burden for tax payers‚ it may cause lawsuits‚ traffic and noise but there are solutions to fix those issues. First‚ I want to start off explaining how dog parks will benefit society and not only dog owners. Dog parks will raise property values. They will bring more people to the community once they see they’re offered. Bringing
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be causes that lead to being violence and or corruption. Anyone can be a victim of police brutality. However‚ Justice Department statistics indicates that excessive police force is a major problem for the minority population and police officers need more training in this area (Police Use of Excessive Force‚ n.d.). If an individual has been a victim of excessive police force or police brutality‚ then she or he has the right to claim damages for their injuries. If a person can sue in federal court
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bankrupt. Enron was a world leader in natural gas and oil‚ or so the investors thought. What seemed to be a booming company in a booming economy turned out to be one of the biggest financial scandals in the history of the world. Executives at Enron misled investors into thinking they were continuously growing‚ when the real numbers insured that they were losing money every quarter. Enron‚ founded by Kenneth Lay in 1985‚ became popular based on its utilization of electricity and making it more affordable
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every interaction‚ whether active or passive‚ we find ourselves communicating with other people. Even our silence connotes some intention‚ which others may interpret at their discretion. Whether by artifact or by attendance‚ every human being constantly participates in the process of communication Defining Communication Communication means exchange of ideas‚ views‚ opinion‚ understanding‚ feelings‚ emotions‚ facts or information between two or more persons by any sources or medium. Communication
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