Enron’s Questionable Transactions 1. The special purpose entities (SPEs) got Enron into trouble. 2. It is debatable whether Enron’s directors knew how profits were being made through the SPEs. Speculation is that they did have knowledge‚ but did not question the questionable procedures. Evidence that indicates the directors knew how profits were being made includes the following: • Andrew Fastow’s role in establishing the SPEs and falsely creating 3% independent investors in
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Transaction Processing Systems Definition: A Transaction Processing System (TPS) is a type of information system that collects‚ stores‚ modifies and retrieves the data transactions of an enterprise. A transaction is any event that passes the ACID test in which data is generated or modified before storage in an information system Features of Transaction Processing Systems The success of commercial enterprises depends on the reliable processing of transactions to ensure that customer
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adopting eco-friendly practices and producing products that are environment friendly. Today‚ everyone is concerned about preventing environmental degradation. Retailers have sensed the need for green retailing and now most of the Indian retailers are stepping into this new avenue. Previously‚ green retailing was perceived as a ‘nice-to-have’ phenomenon. But lately‚ producers and consumers have realised that it is a ‘must-have’ phenomenon as environmental protection has become a priority. Green Retailers
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Garcia 1 Pandemics All Around the World: Emergence and Devastation Many people today wonder when‚ where‚ why‚ and how pandemics occur. Some people do not have any knowledge about pandemics. “According to the World Health Organization (WHO‚ several factors must be present to be considered a pandemic. First‚ the disease must have never appeared before within a population; second‚ the agent that carries the disease—like a fly‚ bacteria‚ air‚ or water—infects one person‚ causing serious illness;
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Chapter 1: Introduction 1.1: Introduction to Company: Transaction Processing Systems (TPS) is a software‚ systems‚ and consulting firm specializing in e-banking and e-payment products‚ solutions‚ and services. TPS is e-banking and e-payments solution experts. IT solutions have become increasingly complex and expensive. Too often‚ businesses end up working to support their IT‚ instead of the other way around. TPS has thrived by observing a single mandate: “Take care of our client’s
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1. Retailing is the final activity and steps needed to place a product in the hands of the consumer or to provide services to the consumer. All activities directly related to the sale of goods and services to the ultimate consumer for personal‚ non-business use. 2. Retailing is undergoing so much change today because of e-tailing‚ store size‚ price competition‚ and demographic shifts. E-tailing is basically ordering from the internet and having those items delivered to your home. Store size plays
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Precedent transactions analysis just like comparable analysis‚ uses a multiples-based approach to develop an implied valuation range for a given company‚ division‚ business‚ or of collection of assets. The main criteria of performing precedent transactions is the selection of an appropriate universe of comparable acquisition. Once an initial set of comparable acquisitions is selected‚ factors such as market conditions‚ deal dynamics‚ motivations‚ etc. are being examined. 1)Market conditions refer
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Activity Based Costing (ABC) The emergence of ABC systems During the 1980s the limitations of traditional product costing systems began to be widely publicised. These systems were designed decades ago when most companies manufactured a narrow range of products‚ and direct labour and materials were the dominant factory costs. Overhead costs were relatively small‚ and the distortions arising from inappropriate overhead allocations were not significant. Information processing costs
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vital role in marketing of technology products. Over a period of time advertising has evolved as a vital communication system for both customer and business markets. The ability of advertiser depends upon how carefully prepared messages are delivered to target audience. From large multinationals to small retailers‚ all increasingly rely on advertising and on various forms of promotion to help them market product and services in the most efficient manner. With the rapid development of Internet‚ the
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And the Band Played on The movie‚ And the Band Played On‚ talks about the origin of the AIDS virus and how it was spread across the world. It began with a scene in 1976‚ Central Africa‚ that shows how the Ebola disease affected a village and was contained before it was spread. This was to show the beginning of another serious disease called AIDS. The world was not prepared to handle such a contagious plague. Doctors treating people with this virus thought that the first cases of the HIV virus
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