it was the "Greed Factor" which drives Enron employees to increase the profits through unethical methods‚ and ultimately causing its downfall. But could it be the opposite? I mean‚ could it be that it was Enron ’s culture and Key Performance Indicators (KPIs)‚ which is to increase the profits and share price that "forced" Enron employees behave in an unethical manner? What circumstances caused them to be unethical‚ really? At first‚ the leader of Enron Finance Corp‚ Jeffrey Skilling recruited
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Introduction Karl Marx was born in a middle-class Jewish family of Germany‚ which converted to Christianity when he was young. Marx was an exponent of scientific socialism that advocated reformation of capitalism so that the social order could change from the exploitative capitalist system. Marx considered capitalism both a political and economic system. His main ideas were the conflict theory and the study of political economy. Karl Marx believed that capitalism was doomed to collapse due to its
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1928. In third grade‚ Warhol had Sydenham’s chorea‚ the nervous system disease that causes involuntary movements of the extremities‚ which is believed to be a complication of scarlet fever which causes skin pigmentation blotchiness. However this did not affect his life significantly. As a teenager‚ Warhol graduated from Schenley High School in 1945. After graduating from high school‚ his intentions were to study art education at the University of Pittsburgh in the hope of becoming an art teacher
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Corporate Culture Culture refers to the fundamental values and norms that a group of peoplesuch as an ethnic group‚ a nation‚ a corporation‚ or some other organization or professionholds or aspires to hold. Every culture distinguishes itself from others by the specific ways it prefers to solve certain problems‚ such as those that arise from relationships with other people‚ from the passage of time‚ and in dealing with the external environment. Groups of people have "typical" cultural traits that
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Culture is instrumental in shaping an organization and is viewed in through observable artifacts‚ espoused values‚ and shared beliefs of a group (). Observable artifacts are examined through the physical attributes of an organization which potentially include: dress codes‚ awards given‚ acronyms utilized‚ and rituals within the company. The basic assumptions‚ values or beliefs that employees hold shape a company’s behavior and they are the most difficult to change. Recently a topic of ongoing conversation
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the Enron Organization LDR 531 October 21‚ 2010 Doreen Gournaris Introduction To be effective as a team‚ team members need to communicate with each other. Enron lacked good leadership within their organization and the leaders in executive levels allowed accounting fraud and decentralized corporate departments. Enron’s team was faced with communications‚ collaboration and conflict management and top leadership had issues dealing with this situation. This paper will (1) describe how to develop
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quality and productivity‚ exceptional worker’s satisfaction and attendance. What did NUMMI do to change the former GM’s dysfunctional disaster into best plant? This report is going to examine a dramatic change conducted by NUMMI’s leadership. It will address three main reasons which made this change possible: • Creating a new production system • Developing a new management system • Reformation of corporate culture. And finally‚ the recommendations will be identified that should have been
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The Unique Corporate Culture in Google Executive Summary The internet giant of search engine “Google”‚ always rated for the “Best Workplace”‚ “Best Employer” in the recent ten years. Why? Except the professional technology‚ Google’s great and unique corporate culture made so. The feature of Google’s corporate culture is equality‚ free and human oriented. The company provide the most luxury and comfortable work environment to its employee‚ encourage them relax more‚ play hard and work hard. From
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Corporate Culture Ben and Jerry’s corporate culture is one that focuses on the environment‚ its products‚ and people. The corporate culture of “Doing Good by Doing Good” and “Peace‚ Love and Ice cream” establish the guideposts for how employees behave in the business. Ben and Jerry’s hold a deep respect for people both inside and outside the company. Ben believes that “Businesses have a responsibility to give back to the community‚” while Jerry believes that “If it’s not fun‚ why do it?” Both
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OF NAIROBI COLLEGE OF HUMANITIES AND SOCIAL SCIENCES SCHOOL OF LAW LL.B. III MODULE 2: DAY TERM PAPER: GPR 317:BANKRUPTCY AND COMMERCIAL SECURITIES AUGUST 2013 G34/36801/2010 QUESTION: Critically examine the salient features‚ reforms and innovations relating to individual insolvency as enshrined in the Kenyan Insolvency Bill 2012 as contrasted with the Bankruptcy Act‚ cap 53‚ Laws of Kenya. INTRODUCTION The Kenyan Insolvency Bill 2012 is an act of parliament to: amend and
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