Ayusarita Satriani 311368 – IUP BUSINESS UGM Financial Management ENRON Resources: http://en.wikipedia.org/wiki/Enron_scandal ; http://news.bbc.co.uk/2/hi/business/1780075.stm; http://finance.laws.com/enron-scandal-summary Enron is an energy company that successfully grew from nowhere to be America’s seventh largest company‚ which has 21‚000 staff in more than 40 countries in 15 years. It was one of the world’s leading electricity‚ natural gas‚ communications‚ and pulp and paper companies
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The external environment refers to the conditions‚ entities‚ events and factors surrounding an organization which influence its activities and choices and determine the organization’s opportunities and risks. Factors relating to political‚ economic‚ social-cultural‚ technological‚ environmental and legal have implications on the functions and long term goals of the organization. On the other hand‚ management practice refers to the methods and techniques in which the organization goes about achieving
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Parmalat Finanziara‚ the Italian dairy and food giant‚ is fast joining Enron and WorldCom as a household name for corporate scandal. The alleged financial fraud at Parmalat spans more than a decade and involves sums whose estimates have ballooned from EUR 4 billion to more than EUR 8 billion. Founder‚ chairman‚ and chief executive Calisto Tanzi has been ousted from the company and board and is under arrest. Enrico Bondi‚ who replaced Tanzi in December‚ has been given new authority to act as sole
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ENVIRONMENT Defining Environment Is the circumstances or conditions that surround one; surroundings. It is the totality of circumstances surrounding an organism or group of organisms‚ especially: The combination of external physical conditions that affect and influence the growth‚ development‚ and survival of organisms: Is the complex of social and cultural conditions affecting the nature of an individual or community Hence therefore we can classify components of environment as follows;
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Case Study: Slavery in the Chocolate Industry This case is about the slavery of young men in the Chocolate industry. Chocolate is made from the highly prized top quality cocoa beans that are grown on farms in West Africa‚ especially the Ivory Coast and Ghana‚ which make up close to half of the world’s chocolate. Slavery in the chocolate industry raises many issues including systematic‚ corporate and individual ethical issue. Here I’m going to discuss the issue I observed in this case
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DE VERA‚ K. RIGOR‚ J. & TAYAG‚ J. Brand is a name‚ sign‚ symbol‚ or design‚ or combination of these that identifies the maker or seller of a product or service . Although certain brands offers various product line and brand extensions‚ it does not mean that a brand is strong already. Note that years of existence do not also define a strong brand‚ rather to consider a brand a strong one the brand should have high brand equity; a clear brand positioning; and it must be competitive
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a new generation of employees. The new director was keen to explore more customers. They audit and certificate more accounts and made larger profits for their company. Andersen guaranteed the accounts for dishonest company from John DeLorean to Enron and WorldCom. The code of ethics which Andersen against are: 1. Standard I (A) Knowledge of the Law. Members and Candidates must understand and comply with all applicable laws‚ rules‚ and regulations (including the CFA Institute Code of Ethics
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People with mental illness for example are linked to some sort of stereotypes such as they can’t lead a normal life like having a job like other people. Moreover‚ it is argued that stigma comes in two different kinds such as external and internal stigmatizations. External stigma is that perpetuated by people in society which results in discrimination and prejudice against the mentally ill. Internal stigma on the other hand refers to one’s self stigmatization which is the
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Wal-Mart Group Case Study Team A Westley Bisson‚ Leah Bond‚ Ken Chrapkowski‚ Lisa Cochran‚ Christopher Cooper MGMT560PA – Ethics in a Global Marketplace June 17‚ 2012 Dr. Roger Fuller Southwestern College Professional Studies Wal-Mart Group Case Study Team A’s paper will provide an in-depth review of Wal-Mart’s ethical challenges at home and abroad along with how Wal-Mart continues to make corporate social responsibility a priority in its business across the globe. The teams review begins
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Business and Society Review 110:1 59– 76 Applying the Agency and Stakeholder Theories to the Enron Debacle: An Ethical Perspective Blackwell Oxford‚ Business BASR © 0045-3609 O 1 110 BUSINESS CULPAN riginal 2004 Center UK Article and and Publishing‚ and TRUSSEL Society for SOCIETY Business Ltd. Review REVIEW Ethics at Bentley College REFIK CULPAN AND JOHN TRUSSEL INTRODUCTION W e examine the infamous Enron debacle from an ethical perspective by defining its theoretical underpinnings and analyzing
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