Executive Summary In this investigative report‚ it will show how Enron was involved in improper accounting practices that led to over $70 billion of losses and also Enron’s method that was used to able them in covering their losses. Enron’s fall and bankruptcy had affected not only the employees‚ but also the shareholders‚ U.S Citizens and also the impact that it had on other countries that Enron was affiliated with. The focus of this paper is on the creation of Enron’s business model that resulted
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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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Siemens AG Financial Analysis Capital Structure and current financial situation 12/5/2012 Andon Pavlov‚ 296181 Company Review Siemens AG is a German multinational engineering and electronics conglomerate company headquartered in Munich‚ Germany. It is the largest Europe-based electronics and electrical engineering company. Siemens’ principal activities are in the fields of industry‚ energy‚ transportation and healthcare. It is organized into five main divisions: Industry‚ Energy‚ Healthcare
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RUNNING HEADER: CLEARSTREAM CLEARSTREAM SCANDAL INDIANA WESLEYAN UNIVERSITY The situation that occurred within the Clearstream scandal is quite simple. Not only was the company illegally moving money around a variety of accounts‚ they also were involved with money laundering and tax evasion. Defendants were charged in appellate court. In June 2001‚ there were several inquires into suspicious bribes that were paid to French officials for the sale of six French frigates to Taiwan (in 1991
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within a business organization. Companies must ensure they follow all levels of ethical behavior when any activity is performed at their premises; especially activities related to business research. Business research is the systematic inquisition that provides information to direct managerial decisions (Cooper & Schindler‚ 2011). Its purpose is to allow companies access to valuable information on company policies‚ customer service and consumer buying habits. Business owners can
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Conclusion Role of Institutional Environment In China 10 Regain Trust and Support 11 Effect on China’s Image 12 Western Perception Toward Asian Countries 12 Lesson Learn From Scandal 13 Bibliography INTRODUCTION The case discusses the tainted milk scandal that was unearthed in China in 2008. The milk scandal became public in August 2008‚ after it was disclosed that the baby formula produced by the Chinese dairy products company‚ Sanlu Group was contaminated with melamine‚ which caused
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SATYAM SCANDAL I. Analyze the case and respond to the following questions: (a) Discuss the earnings management techniques employed by the management of Satyam. In this case of Satyam‚ I can conclude that the obvious technique employed by the said management are: 1. “Big Bet on The Future”. When an acquisition occurs‚ the company acquiring the other is said to have made a big bet on the future. As refer to this case‚ Ramalingam Raju the Chairman of Satyam Computer Services Ltd
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advanced of borrowing mortgages for the companies. The change of ethics through enterprises demonstrate how business approaches to ethics over the past years where ethics is seen in different perspectives. Lessons are learnt from financial failures in the lack of awareness in ethical performances to businesses. The recent global financial crisis has recently existed with a lack of awareness on business ethics policies where unprofessional practices are performed on dangerous mortgage borrowers have occurred
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Unethical Research RES/351 Due November 12‚ 2012 My goal was to search for an article that regards unethical research in a field of business. The article I found is titled The Publication of Ethically Uncertain Research: Attitudes and Practices of Journal Editors. Before I read this article‚ I had not any idea about the restrictions of research in the media. From what I have learned through the article‚ there are many restrictions in doing so. For instance‚ the Declaration of Helsinki
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1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why? Capital‚ natural resources‚ human resources‚ entrepreneurship‚ and technology. Yes they will accelerate‚ all of these items are needed for a business to continue 2. What role does entrepreneurship play in the economy? Who stands to gain from the success of individual entrepreneurs? How do other parties benefit? Entrepreneurship is the main ingredient
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