Introduction The vice presidents of Brazos Manufacturing‚ Inc. had needed to cut down on their budgets. The company was a $550 million automotive parts supply company. Troy Sozuko had been with BMI for the past 30 years and was the highest-ranking officer in North America. Jack was the controller of the multi-million-dollar company. Then one day Troy came to Jack and asked him to change his W-2 form intentionally to show that he used his car for personal use. Jack understood that this was a really
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LEONARD N. STERN SCHOOL OF BUSINESS NEW YORK UNIVERSITY Monsanto When Pharmacia (which was acquired by Pfizer in 2003) merged with troubled Monsanto in 1999‚ investors complained that Monsanto would weigh down Pharmacia’s profits. Pharmacia apparently felt the same way‚ keeping Monsanto’s drug unit‚ Searle‚ but selling 15% of the remaining company as a precursor to dumping it altogether. Investors couldn’t have been more wrong. Between Monsanto’s IPO in October 2000 and August 2001‚ its share
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While I enjoyed reading the Enron Case Study by Sims and Brinkmann and found it to be extremely informative‚ the movie‚ Enron: The Smartest Guys in the Room‚ provided additional information‚ details‚ and context regarding the individuals‚ decisions‚ and factors that contributed to Enron’s downfall (McLean & Elkind‚ 2003). To begin with‚ the movie delved into Ken Lay and Jeff Skilling’s personal‚ educational‚ and professional background and provided context regarding how their backgrounds influenced
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Sunbeam was a company originated in Chicago started off with manufacturing electrical appliances in 1910. Over 50 years‚ Sunbeam had produced different products from a food mixer to an electric blanket. The company acquired their rivalry company- Oster Company in 1960. However‚ the company turned over into different hands. In 1981‚ Sunbeam was acquired by Allegheny International‚ but it went bankruptcy 7 years later. Paul Kazarian and two other partners bought Sunbeam company from Allegheny International’s
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Political corruption has been around seemingly forever.It’s like a weed that never will go away no matter how much you want it gone. Indeed Robert Lekachman noted‚ “Greed characterizes the workings of government” (360). Bell‚ California is an example of how political corruption took place. City councilmen and women took misappropriations of public funds‚ raising taxes and pocketing most of the money. Members of the city council took advantage of citizens‚ stealing the money they paid in taxes. Robert
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For over 100 years‚ electricity was a regulated industry in the United States. This practice required consumers to purchase electricity directly from monopolized utility companies where prices are regulated by the government. A law was enacted in California that called for the deregulation of energy. With deregulation‚ consumers would be able to select their preferred suppliers and prices would no longer be governed by a regulatory body. Although consumers in California believed that they would
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Greed is a shameful and horrible sensation that corrupts many. St. Thomas Aquinas declared Greed as one of the seven deadly sins following pride‚ envy‚wrath‚gluttony‚and‚lust. Greed earned the right to be there‚ greed destroys many people everyday. It is a disease that has plagued the world. Many have fallen ill of the disease‚ and unfortunately there is no cure. Because greed makes his victims always hungry for more even when they do not need it. It makes people so desperate for more. That they
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In this report‚ I will talk about my own experience. I have worked in one of the biggest armament company as a Controlling Manager. However‚ the big salary and numerous advantages‚ I had decided to quit the company. I will therefore in this report explain why I quit the company and do an analysis of my own Organizational Behavior. At first‚ I was really happy to have been able to go inside this company‚ good salary‚ lot of advantages‚ they give a lot for their employees‚ though‚ soon after starting
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6. One human resource manager recently got a thank you not on her iPhone that said “Thx 4 the Iview! Wud * to wrk 4 u!!! J” The manager had liked the candidate’s interview‚ but after getting the note‚ she put him in the reject pile. Do you think it was fair for the manager to automatically reject the candidate? Should “textspeak” be considered acceptable workplace communication? Discuss. Nowadays‚ technology brings out the best and worst in each of us. When using smart phones and social websites
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The Ontario Lottery and Gaming Corporation is responsible for a substantial amount of the government`s revenue in the province of Ontario. The OLG‚ characterized by its core values‚ integrity‚ respect as well as accountability‚ is always expected to perform the duty of care to its clients. However‚ the organization was hit by a scandal which exposed fraudulent behavior within its operations. The scandal was revealed by CBC`s documentary The Fifth Estate‚ in an episode titled `Luck of the Draw` which
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