Enron Questionable Transactions Question 1 The question which segment of its operations got Enron into difficulties is simple to answer‚ everything. Almost every all segments of their operation were improper. First of all‚ they practice unethical and dishonest practices which victimized workers‚ consumers‚ taxpayers and stockholders. Enron created partnerships within their own organization which led to them creating new financial instruments‚ called SPE’s (special purpose entities) which was
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A Convention of society Everything we do is to please someone else. And that someone else can be all of society. Society is based on conventions. Most of society conforms to them‚ otherwise they may appear to be "outside" of the society that they live in‚ they may also appear to be eccentric or dangerous to the "norm" of their society. These conventions are general agreements on social behaviour; they have a strong force within society. This is stated by Frye in his speech "The educated
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Ethics- Bribery in the International Community “Con” By: Macha Shinhoster Sr. Kaplan University‚ Online Class: LS501-01 Ethics and the Professional 10 February 2012 The issue is bribery in the International community and why is it illegal and unethical. Before 1977 some countries had less stricter sanctions on bribery depending on the country and the violation‚ the United States government made the choice for businesses getting the Department of Justice involved. The Act of 1977 prohibited
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Too Far Ahead of the IT Curve? Peachtree Healthcare’s patchwork IT infrastructure is in critical condition. Should the CEO approve a shift to risky new technology or go with the time-tested monolithic system? by John P. Glaser F Daniel Vasconcellos after their squash game‚ Max Berndt drank iced tea with his board chairman‚ Paul Lefler. Max‚ a thoracic surgeon by training‚ was the CEO of Peachtree Healthcare. He’d occupied the post for nearly 12 years. In that time the company had grown –
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Social Conventions As we embark on the twenty-first century‚ the obligation to abide by traditional gender roles and social conventions has become somewhat of an ancient practice. Presently‚ some may feel as though they are trapped by certain social conventions. However‚ for the protagonists of Kate Chopin ’s late nineteenth century "The Storm" and Zora Neale Hurston ’s early twentieth century "Sweat"‚ the Social Conventions of the time are clearly identifiable. In Chopin ’s "The Storm"‚ a
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ACCOUNTING CONCEPT AND CONVENTIONS In drawing up accounting statements‚ whether they are external "financial accounts" or internally-focused "management accounts"‚ a clear objective has to be that the accounts fairly reflect the true "substance" of the business and the results of its operation. The theory of accounting has‚ therefore‚ developed the concept of a "true and fair view". The true and fair view is applied in ensuring and assessing whether accounts do indeed portray accurately the business
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i. export-import transaction ii. agent or distributor sells goods abroad iii. licensing to a foreign entity to manufacture and distribute products abroad iv. Joint ventures b. Forms of Trade i. Goods ii. Services iii. FDI iv. Knowledge/Technology Transfer c. MNE i. DEFINITION: a number of affiliated businesses which function simultaneously in different countries‚ are joined
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Formula and Convention as Seen in J.K Rowling’s Harry Potter and The Philosophers Stone J.K Rowling’s Harry Potter and the Philosophers Stone and subsequent novels have received extraordinary amounts of attention and exploded into everyday pop culture. One theory accredits their success to the incorporation of a recurrent mythological theme‚ or convention‚ specifically the hero’s adventure narrative that is known to most everyday readers‚ especially those with a love for the fantasy genre. Harry
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Since the dawn of time‚ humans have pretentiously stomped through Earth lacerating trees and slaughtering animals without even one ephemeral compunction. Is this destruction not commensurate with murdering a human? Society has decided that it is not; however‚ we’ve also agreed we have an obligation to conserve the plants and animals--who are also arguably sentient--of the Earth. Why then should the law protect humans from senseless killing but not equally-sentient beings? If the two are not as diametric
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With Corporate Bribery ABSTRACT In today’s business world‚ bribery has become an everyday problem. Some people consider it to be a fair business tactic‚ others consider it to be an unethical act. This paper focuses on a particular bribery case and uses three different ethical theories‚ Utilitarianism‚ Kant‚ and virtue ethics to determine whether or not bribery is an ethical or unethical act. The Case A former partner of a prominent New Jersey law firm has been indicted on bribery charges in exchange
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