After completing the course on project management‚ your class professor suggested one could offer electronic support for weddings. You form a small group‚ decide on a name for your start-up company‚ and give it a try. To your surprise‚ your online ad is answered by a busy working couple planning a wedding in 2014. However they want a proper proposal with times‚ costs and details before going further. Fortunately from your project management course you know the 10 steps to a project proposal:
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Behind Closed Doors at WorldCom: 2001 1. Two General Accounting employees—Dan Renfroe and Angela Walter—made journal entries in the amount of $150 million and $171 million‚ respectively‚ without detailed support. It was noted that this was not out of the ordinary at WorldCom. In your opinion‚ was this a proper accounting practice? Explain. Though this may not be out of the ordinary for WorldCom‚ this is not a correct accounting practice. The way the entries were made does not comply with the proper
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Contents Introduction 2 Content 3 I. Four functions of management in Danone Group 3 1. Definition 3 2. Company profile 5 3. Management in Danone Group 6 II. Internal and external factors affecting four functions of management 7 1. Globalization 7 2. Technology 9 3. Innovation 10 4. Diversity 10 5. Ethics 11 Conclusion 13 References 14 Introduction When we look at a big and profitable company‚ we often wonder what its secret of success is. According
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OMGT6333 – Project Management Final Term Project: Planning a Wedding Table of Contents Problem Statement | | Assumptions | | Alternatives | | Alternative 1: Wedding Planner | | Alternative 2: Elope | | Alternative 3: Family Only Wedding | | Project Statement of Work | | Strategic Importance of The Project | | Stakeholder Analysis | | Scope Management | | Time Management | | Cost Management | | Works Cited | | Problem Statement In 2011‚ the average
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Information This report details the rise and collapse of WorldCom Group: this telecommunication giant employed 60‚000 individuals and had over $104 billion in assets. However‚ most numbers were deliberately misstated in order to maximize income and survive in the global stock market. WorldCom dates back to 1983 when in split up from AT&T to create a separate entity in order to take over the Southern states telecommunication markets. WorldCom focused on providing Long Distance Discount Services (LDDS)
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Accounting Fraud at WorldCom 1) What are the pressures that lead executives and managers to “cook the books?” After the rapid evolution of the telecommunication industry in the 1990s‚ WorldCom shifted its strategy to focus on building revenues and acquiring capacity sufficient to handle expected growth. Their biggest goal was to be the No. 1 stock on Wall Street rather than capturing the market share. As a result‚ their Expense-to-Revenue (E/R) Ratio was their measurement for their main objective
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Introduction to Management Assignment One (805.1): The Four Functions of Management Task One: Interview The person I chose to interview for my case study was the Village Manager at Summerset Aotea. Summerset Aotea is a new retirement village for the over 65’s that opened 7 years. The majority of its residents live independently however it is able to provide up to resthome level care for residents living in the main building. The current Village Manager has worked at Aotea for almost 4 years
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Question 1 At the time Cynthia Cooper discovered the accounting fraud‚ WorldCom did not have a whistle-blower hotline process in place. Instead‚ Cynthia took on significant risks when she stepped over Scott Sullivan’s head and notified the audit committee chairman of her findings. Discuss the key criteria for the operation of an effective corporate whistle-blower hotline. Be sure to highlight potential pitfalls that should be avoided and reference professional codes‚ legislation and academic
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Wk2 Assignment: The Enron and WorldCom Scandals Student Name ACC/260 Date Instructors Name[Page Break] 1. Which segment of its operations got Enron into difficulties? The guaranteed loans that were intended to bridge the financing for investments from outside investors that could not be found would be the segment of operations that caused Enron difficulties. 2. Did Enron’s directors understand how profits were being made in this segment
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Worldcom was the second largest long distance phone company in the United States. The former CEO Bernard Ebbers was sentenced to twenty five years in prison due to increasing revenue the wrong way to increase earnings. This company had the largest bankruptcy filing in the United States. Today‚ the Worldcom accounting scandal is known as one of the worst corporate white collar crimes in history. What were some psychological factors that led to this crime? Financial Pressures from competitors
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