The boom and bust cycles since the Civil War‚ we first prospered after the Civil War with the Industrial Revolution. After we boom‚ the stock market crashes and we go into a depression or recession depending how bad the economy is at the time. Companies then expanded‚ banks flourished by giving out many loans‚ while not being monitored. We go into wars that help us come out of the depressions. These cycles repeat themselves and you will see in this paper. During the Civil War the Northern states
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Despite the surge of Pagcor income that has succeeded immensely in supporting the cash-strapped government‚ several lawmakers‚ nongovernment organizations and especially the religious sector are still firmly against government engaging in the business of operating casinos. Edward King‚ spokesman for Pagcor chairman Efraim Genuino‚ told The Manila Times that first and foremost‚ one thing that people should remember is that Pagcor is a creation of law. Pagcor‚ a government-owned and controlled
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International Management Case Analysis: Argentina Suites What are some of the major problems facing Argentina Suites? Argentina Suites faced many problems from the beginning idea to convert a 75‚000-square foot building into a hotel. The owner‚ Abraham Sinclair decided to enter the hotel business with no market research‚ no hospitality experience‚ and rough financial projections. The decision to enter a market without knowing what ones getting into‚ led to major problems facing Argentina
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What are the defenses to a breach of contract? If someone is accused of breach of contract‚ there are a number of defenses available to argue that a contract should not be enforced. If any of the basic contract elements are missing‚ or if the contract was made with someone of diminished capacity or for illegal purposes‚ a contract can be unenforceable. Some other examples of potential defenses to enforcement of a contract are mutual or unilateral mistake‚ duress or undue influence‚ unconscionability
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Ethical dilemma is a morally problematic situation in which you must select between two or more alternatives that aren’t equally acceptable to different groups. For example: You discover that your immediate supervisor is taking kickbacks. You are uncertain whether to report it. The conflict is between your loyalty to your boss and your commitment to the greater good of the company. Ethical decision is a decision which has right and wrong choice. For example: The principal of your
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someone unless the victim gives money or other valuable thing: BLACKMAIL -It refers to the return of a percentage of a sum of a contract received by a person who selects such a contract (commission payed to the bribe maker in return for a service): KICKBACKS Morality of bribery and extorsion: Offer bribe- cause injustice Accept bribe- disloyal = spreads corruption of culture Irregular payments: gifts and facilitating payments Misappropriation and fraud are forms of theft that consist intentional
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Competition is an important characteristic of an economic order of society. It could be either constructive or destructive. Business organizations compete with one another. By increasing this competition‚ the government provides incentives for the production of quality and reasonably priced goods as well as helps lessen the inefficient use of resources. Competition is healthy for business enterprises. Competition may exist between organizations in different lines of business as well as between organizations
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Healthcare Fraud and Abuse Under HIPPA‚ “fraud is defined as knowingly‚ and willfully executes or attempts to execute a scheme… to defraud any healthcare benefit program or to obtain by means of false or fraudulent pretenses‚ representations‚ or promises any of the money or property owned by…any healthcare benefit.” Unlike Fraud‚ abuse is‚ “means that are improper‚ inappropriate‚ outside of acceptable standards of professional conduct or medically unnecessary.” Health care fraud arises from an
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ETHICS IN PROJECT MANAGEMENT 1 ABSTRACT This essay will describe about ethics in project management which will provide us an overview of the aspects how the organizations develop the ethics in an organization and about the differences in the ethical decision making among various professionals in their given field. In order to understand various aspects of the chosen topic various literature have been examined including peer reviewed articles which have been carefully chosen. In today’s world
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Corruption (By: Muhammad Attique Shah Turabi) * Introduction Definition of corruption: “Misuse of the power for private or personal gain or for other unfair means”. “Dishonest or illegal behavior of the people especially of the people in authority”. By every definition corruption means the violations of the laws of land and social norms and it is Root cause of all ills in Pakistan. Corruption is connected with bribery; it will be useful to define it‚ too. The word bribe literally stands for
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