Unethical Business Practices at Enron LDR/531 Organizational Leadership August 11‚ 2011 Unethical Business Practices at Enron Enron Corporation came into existance in 1985 as the result of a merger between InterNorth and Houston Natural Gas. This merger produced the longest natural-gas pipeline network in the United States. Under the leadership of Chief Executive Officer Jeffery Skilling‚ Enron changed from a gas-pipeline business into a natural-gas and electricity company during the
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International Journal of Economic Practices and Theories‚ Vol. 4‚ No. 2‚ 2014‚ Special issue on Marketing and Business Development‚ e-ISSN 2247–7225 www.ijept.org Social Media and its Impact on Consumers Behavior by Elisabeta Ioanăs‚ Ivona Stoica The Bucharest University of Economic Studies‚ Romania Romanian American University in Bucharest‚ Romania maria.ioanas@mk.ase.ro‚ ivonas@ase.ro Abstract. Technology gives consumer the power to investigate products to label them and criticize
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to act ethically. When an individual is asked to do something that they may even suspect would be detrimental to their livelihood‚ then they have all the rights given to them to not follow through with that action. In the case of Betty Vinson of WorldCom‚ while she had the clear understanding that her actions were wrong‚ she clearly kept personal financial safety ahead of her moral and ethical standards. This eventually translated into an even more detrimental result‚ which was jail time. She clearly
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Brief summary on Social Class Impact on Consumer behavior in Peru The classes Status: to be understood as the position of the individual within a social system‚ as perceived by members of society. The status depends not only on the social class to which they belong but individual characteristics. The social class structure are generally divided into five groups: high‚ medium high‚ medium‚ medium low‚ low. The profiles of each of these classes indicate that socioeconomic differences are reflected
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Assignment # 3 WorldCom Accounting Fraud By Mark A. Cowan Strayer University ACC 499- Accounting Capstone May 15‚ 2011 The purpose of this paper is to discuss the aspects of the WorldCom accounting scandal and the effects that this scandal had on the accounting world as we know it. We will discuss the corporate culture at WorldCom and how it contributed to the accounting fraud‚ how the CEO’s desire to be the #1 stock on Wall Street contributed to the fraud‚ pressures on accountants to book
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Unethical Marketing and its Consequences By Jose Gonzalez Dr. Henry Roehrich Park University MK351 26 January 2014 Outline Purpose Statement: To provide an understanding what constitutes ethics in marketing‚ what are some of the laws and code of ethics that protect unethical practices‚ and provide some examples of unethical behavior in marketing and their consequences? I. What constitutes ethics in marketing? A. Definition of marketing ethics II. What are some of the
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of his behavior by stating he is serving more time than most murderers (Kaplan‚ 2009). Kozlowski came to a point in his career in which he thought he merited the accounts he stolen from Tyco. Kozlowski’s mental and moral vanity pushed him towards the deceptive conduct. Fundamentally‚ Kozlowski psychological and ethical egoism and views‚ align with his demonstrated behaviors and tactics. In other words‚ Kozlowski and Swartz did what they wanted to do with no regard to those their behaviors would
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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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[pic] 3.4 Advanced Business Research Methods Impact of bonuses on employee behavior Group 3.01 J. Dikkers Carien Beyer 1812781 Kim Klijnsmit 1871447 Myrthe Rustemeijer 1814362 Claudia Sanua 1857134 Date: 20/02/2011 Table of contents 1.1 Introduction page 3 1.2 Research Question page 4 2.1 Theoretical Framework page 4 2.2 Hypotheses page 6 3.1 Methodology page 8 3.2 Sample & Procedure page 8 3.3
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responsible to what a society has defined and regulated to be ethical or unethical behavior. Sexual harassment is one of the unethical conducts that a lecturer can conduct at a university. Sexual harassment is defined as any kind of sexual behavior that is welcome and/or inappropriate for the work place” (Cornell). This paper discusses the unethical behavior of a lecturer to students focusing on sexual harassment as unethical conduct at a university and how the principles and the ethical theories
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