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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Diversity Impact on Individual Behavior Behavior refers to the actions or reactions of an object or organism‚ usually in relation to the environment. Behavior can be conscious or unconscious‚ overt or covert‚ and voluntary or involuntary. Behavior is controlled by the nervous system; the complexity of the behavior is related to the complexity of the nervous system. Generally‚ organisms with complex nervous systems have a greater capacity to learn new responses and thus adjust their behavior. Human
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many companies conducts patent infringement because the company has a lot to spend funds for research and development‚ and do not want unmatched by other companies. Ethics are rules that cannot be violated from both socially acceptable behaviors which are the behavior of "good" or "bad". While business ethics are standards of value which serve as guidelines for managers and employees in decision making as well as in running an ethical business. Ethics and etiquette are different. Etiquette comes from
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product can offer a certain level of value that‚ in fact‚ it cannot. E.g. the way lotion are made to portray light skinned people as if when a customer purchases lotion and apply to their skin they will also look like that. And further more on unethical practice are such things like expiry date not displayed on certain items. Some marketers do not display the expiry date on their products they offer and hence they make a heath hazard. Exorbitant pricing A key to marketing success is to engage
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Diversity and the Impact on Individual Behavior The closest definition to individual behavior is personality which is "the totality of an individual’s behavioral and emotional characteristics. Personality embraces a person’s moods‚ attitudes‚ opinions‚ motivations‚ and style of thinking‚ perceiving‚ speaking and acting. It is part of what makes each individual distinct" (Answers‚ 2007). Diversity within organizations can positively or negatively impact individual behavior. Diversity includes
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Rationalizing Unethical Behavior N. Strawbridge PHL/323 November 4‚ 2014 P. Reynolds Introduction Classical economic philosophies suggest that man is egotistical and focused on satisfying his own needs. When people encounter difficult ethical challenges they often solicit the question‚ "What should I do?" It is naïve to assume that everyone retains a strong moral compass and does the ’right thing ’ even in small situations. Pinching a little piece of the pie‚ bending a rule once in a while‚ occasionally
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Organizational Behavior and Its Impact on society: Formal organizations are typically understood to be systems of coordinated and controlled activities that arise when work is embedded in complex networks of technical relations and boundary-spanning exchanges. But in modern societies‚ formal organizational structures arise in highly institutional contexts. Organizations are driven to incorporate the practices and procedures defined by prevailing rationalized concepts of organizational work and institutionalized
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and finds further that virtual community type moderates consumers’ reasons for participating‚ as well as the strengths of their impact on group norms and social identity. We conclude with a consideration of managerial and research implications of the findings. D 2004 Elsevier B.V. All rights reserved. Keywords: Virtual communities; Internet marketing; Consumer behavior; Electronic commerce; We-intentions A web of glass spans the globe. Through it‚ brief sparks of light incessantly fly‚ linking
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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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People within organizations vary in terms of culture‚ values and behavior and age gaps. With these intrinsic individual differences it is a challenge for managers/supervisors how to manage motivating these employees in terms of their differences. Many contemporary authors have defined the concept of motivation. Motivation has been defined as: the psychological process that gives behavior purpose and direction (Kreitner‚ 1995); a predisposition to behave in a purposive manner to achieve specific‚
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