WorldCom Scandal Formerly known as WorldCom‚ now known as MCI‚ this U.S.-based telecommunications company was at one time the second-largest long distance phone company in the U.S. Today‚ it is perhaps best known for a massive accounting scandal that led to the company filing for bankruptcy protection in 2002. In 1998‚ the telecommunications industry began to slow down and WorldCom’s stock was declining. CEO Bernard Ebbers came under increasing pressure from banks to cover margin calls on
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Stakeholder Salience Joy R. Kidd GCU: ORG-807 Stakeholders Role in Organizations December 24‚ 2014 Stakeholder Salience Introduction Developing a relationship between and across organizations and its stakeholders can be counterproductive and interdependent to decision making. Globalization effects stakeholder’s coalition building and salience in organizations. It is known as an ongoing process or interrelated events of increasing movement of services‚ goods‚ and capital
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By: Leigh Overstreet THE WATERGATE SCANDAL Watergate is a hotel in Washington D.C. where the Democratic National Committee held their campaign headquarters. The current president at the time was Richard M. Nixon‚ who was involved in the scandal himself and which lead to the cause of his resignation. The Watergate scandal should not have happened‚ but it did and it caused the American people to judge less of their government system. The scandal began on June 17‚ 1972‚ with the arrest of five men
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Overview of Stakeholder Analysis on City Harvest Church Financial Irregularities As listed in a table‚ potential stakeholders will be reviewed according to their interests in City Harvest Church. Issues like benefits of the project to the stakeholders or activities that might cause damage or conflict to the stakeholders will be included. Each stakeholder will be listed in one column. Individual stakeholder’s interest will be reviewed on its importance to the success of the project. To ensure the
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Stakeholders. All of the actors involved in the sustainability management process is stakeholder‚ it is a way of distinguishing between the main groups towards which companies have different kinds of duty: in particular‚ shareholders‚ customers‚ consumers and employees. Effective stakeholder management as essential to the survival and prosperity of the enterprise. At the broadest level‚ stakeholders are individuals‚ groups‚ or entities(natural environment) that claim rights or interests in a company
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hear the word Enron‚ they immediately associate it with the most important accounting scandal of our lifetimes. Enron was an American gas company that began as the Northern Natural Gas Company in 1931. Internorth‚ a holding company in headquartered in Omaha‚ Nebraska‚ purchased the Northern Natural Gas Company and reorganized it is 1979. Enron arose from the 1985 merger of Houston Natural Gas and Internorth. After building a large‚ new corporate headquarters in Omaha‚ the new Enron named former
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An analysis of The School for Scandal‚ by Richard Brinsley Sheridan “The School for Scandal” by Richard Brinsley Sheridan is generally considered as one of Richard masterful play that represents a comedy of manners. This play satirizes the deeds and customs of upper classes brought out through a witty exchange of ideas and a convoluted plot with comic situations that are utilized in order to describe the shortcomings of the characters. In regards to characters‚ the play entails stock type characters
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The Unexpected Collapse of Enron Colleen Long LDR/531 April 3‚ 2010 Kemit Grafton The Unexpected Collapse of Enron Beginning in 1985‚ Enron was formed through a merger of Houston Natural Gas and Internorth‚ Enron Corporation. It was the first nationwide natural gas pipeline network‚ which shifted its focus from regulate transportation of natural gas to unregulated energy trading markets. Enron was a huge company that traded electricity‚ oil‚ gas‚ plastics‚ and other variables
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The Bofors scandal was a major corruption scandal in India in the 1980s; the then Prime Minister Rajiv Gandhi and several others were accused of receiving kickbacks from Bofors AB for winning a bid to supply India’s 155 mm field howitzer. The scale of the corruption was far worse than any that India had seen before‚ and directly led to the defeat of Gandhi’s ruling Indian National Congress party in the November 1989 general elections. It has been speculated that the scale of the scandal was to the
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The City of Bell Scandal The story of the City of Bell scandal is one of corruption and deceit where top city council officials are the perpetrators and the residents‚ their victims. The city of Bell was a prime and easy target for Robert Rizzo‚ Bell city manager‚ and several other city officials‚ including some within the Bell police force. This small town in the County of Los Angeles has a population of less than 40‚000‚ and over the past decade there has been a substantial decrease in public
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