How could leaders and subordinates influences the ethical culture of corporation According to Ethics Resource Center (2010)‚ the important influence of people’s behaviors in the organization is based on the circumstance of working environment they are in‚ also the standards set by the employers and employees. If people having good behaviors are put in the negative behaviors that does not value values or even are pressure them to do something without any giving alternative to make decision‚ it
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by using the stock of WorldCom. To accomplish this buying spree‚ the stock had to continually increase in value. "... WorldCom pursued scores of increasingly large acquisitions. The strategy reached its apex with WorldCom’s acquisition in 1998 of MCI Communications‚ a company with more than two-and-a-half times the revenue of WorldCom. Ebbers’ acquisition strategy largely came to an end by early 2000 when WorldCom was forced to abandon a proposed merger with Sprint (NYSE: S) because of antitrust
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of WorldCom‚ as measured by its stock price‚ was vital to supporting his outside business. Thus‚ keeping the value of the company inflated would be to his benefit. CFO Scott Sullivan‚ a bright and ambitious man credited as engineering the successful MCI merger‚ wanted to find quick fixes to the expense to revenue ratio problems. Unfortunately‚ each action taken whether it was the accrual releases or the expense capitalizations caused a domino effect and caused the need for more cover-ups of each
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services to business customers globally".(WorldCom.com) WorldCom was the second largest long distance phone company (AT & T was the largest) in the United States. WorldCom grew largely by acquiring other telecommunications companies most notably MCI. It was based in Clinton‚ Mississippi before moving to Ashburn‚ Virginia. They employed state-of-the-art technologies over fibre-optic city networks‚ national and international networks and transoceanic cable systems. The networks provided end-to-end
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Enron Corporation began as a small natural gas distributor and‚ over the course of 15 years‚ grew to become the seventh largest company in the United States. Soon after the federal deregulation of natural gas pipelines in 1985‚ Enron was born by the merging of Houston Natural Gas and InterNorth‚ a Nebraska pipeline company. Initially‚ Enron was merely involved in the distribution of gas‚ but it later became a market maker in facilitating the buying and selling of futures of natural gas‚ electricity
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The field of psychology is increasingly expanding and becoming incorporated into other fields of study. From the study of behavioral economics to the burgeoning field of media psychology (with its emphasis on the effects of advertising‚ especially on children)‚ literally anything that can be thought of is a possible venue for the probing‚ empirical analysis of various strains of psychological theory. And why not? There are currently 54 different divisions of the American Psychological Association
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Defition: Alzheimer’s disease is a progressive disease that destroys memory and other important mental functions. It’s the most common cause of dementia a group of brain disorders that results in the loss of intellectual and social skills. These changes are severe enough to interfere with day-to-day life. In Alzheimer’s disease‚ the connections between brain cells and the brain cells themselves degenerate and die‚ causing a steady decline in memory and mental function. Current Alzheimer’s disease
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A Spill at Parsenn Bowl Vishakha Bhatnagar Cacee-Kaeden Cole Erin Lilly Bryant & Stratton College Biol 110 Rosemary Stelzer 2014‚ March 20 Part I – The Slopes While enjoying a day on the ski slopes at Winter park the patient fell exiting the ski lift. Patient was able to get up unassisted however‚ as she adjusted her stance the knee “twisted” and she fell again resulting in an external rotation of the right knee. Patient reported no pain at this time‚ but due to instability
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AVOIDING INVESTMENTS IN FRAUDULENT COMPANIES: THE WORLDCOM FRAUD Introduction The purpose of this report is to investigate and discuss the accounting fraud that occurred at WorldCom in order to recommend improved strategies to Berkshire Hathaway’s management for avoiding investments in companies with fraudulent financials. Accounting fraud is a crime committed by high level employees at an organization to manipulate the organization’s financial statements and intentionally disguise company
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production systems in the world auto industry. Industrial and Labor Relations Review‚ 48: 197-221. Majchrzak‚ A. 1988. The Human Side of Factory Automation. San Francisco: Jossey-Bass. Management Charter Initiative (MCI). 1997. Mangement Standards. Management Charter Initiative (MCI)‚ United Kingdom‚ April: Available at http://www.bbi.co.uk/whatis.html. Miles‚ R.E & Snow‚ C. C. 1984. Designing strategic human resources systems. Organizational Dynamics‚ 16: 36-52 Nambudiri‚ C
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