SCANDALS IN 2000S Named scandals Named scandals in India Scandal Year reported Scope Location Key players Summary 2012 Indian coal mining controversy 2012 185‚591.34 crore (US$33.78 billion) nation Comptroller and Auditor General of India‚ the coal ministry‚ many electricity boards and private companies coal blocks allotted‚ not auctioned‚ leading to estimated losses as per the Comptroller and Auditor General of India [1][2][3] Karnataka Wakf Board Land Scam 2012 200‚000 crore
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ENRON Enron shocked the world from being “America’s most innovative company” to America ’s biggest corporate bankruptcy at its time. At its peak‚ Enron was America ’s seventh largest corporation. Enron gave the illusion that it was a steady company with good revenue but that was not the case‚ a large part of Enron’s profits were made of paper. This was made possible by masterfully designed accounting and morally questionable acts by traders and executives. Deep debt and surfacing information about
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they joined the battle. And yet‚ price wars are becoming increasingly common and uncommonly fierce. Consider the following two examples: • In July 1999‚ Sprint announced a nighttime long-distance rate of 5 cents per minute. In August 1999‚ MCI matched Sprint’s off-peak rate. Later that month‚ AT & T acknowledged that revenue from its consumer long-distance business was falling‚ and the company cut its long-distance rates to 7 cents per minute all day‚ everyday‚ for a monthly fee of $ 5.95
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Introduction AT&T was started over 130 years ago in 1875. It started out when Alexander Graham Bell began work on the telephone. Initially it just made telephones and licensed to companies to Many changes in the company structure 6‚000 patents 7 Nobel prizes Analysis I. General Environment A. Technology Alexander Graham Bell invented the telephone and earned the patent in 1875. AT & T was incorporated in 1885 with objective of building and operating long distance network
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Accounting Fraud at WorldCom Executive Summary WorldCom is a telecommunication company that has been found by Bernard Ebbers‚ a Canadian. Growing rapidly through mergers and acquisition strategy‚ Ebbers handled largest takeover in US history by acquiring MCI‚ the nation’s second largest long distance company. The aggressive acquisition strategy required issuing a lot of debt‚ which eventually cause problems that attract the company to do accounting frauds. The main issue in this case is cooking the books
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What Is Parkinson’s Disease? What Causes Parkinson’s Disease? Parkinson’s disease is a progressive nervous system disorder that affects how the person moves‚ including how they speak and write. Symptoms develop gradually‚ and may start off with ever-so-slight tremors in one hand. People with Parkinson’s disease also experience stiffness and find they cannot carry out movements as rapidly as before - this is called bradykinesia. The muscles of a person with Parkinson’s become weaker and the individual
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ASSIGNMENT OF INDIAN ECONOMIC PROBLEMS TOPIC: Prevailing opportunities for youngsters in the economy. SUBMITTED TO: SUBMITTED BY: Ms. Shivani Thakur Jyoti Prasad 12-116 B.Com-3 GOVERNMENT JOBS Government Jobs for B.Com Graduate‚ in 2013 There are huge openings in the government
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Running head: CORPORATE CULTURE AND ITS ROLE IN THE DOWNFALL Corporate Culture and its Role in the Downfall Of Arthur Anderson LLC and Sunbeam Corporation Darrell V. Davis Grand Canyon University Bus 604 Business Ethics July 5‚ 2009 Abstract Corporate culture plays an extremely important role in the development of a company. Whether explicitly stated or not‚ the culture of a company reveals its attitude‚ motivation‚ and intentions. Arthur Andersen’s and Sunbeam’s cultures revealed that they
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The Effects of Alzheimer’s disease‚ Symptoms‚ Behaviors‚ Causes‚ Diagnosis‚ Treatments‚ and Future Outlook Wanda W. Jones Webster University Literature Review Alzheimer’s disease is the decline of mental function and the most common form of dementia (Parsa‚ 2011). Dementia is a term used to describe multiple areas of functions that have progressive declines‚ such as “decline in memory‚ reasoning‚ communication skills‚ and the ability to carry out daily activities” (Banerjee‚ 2012‚ p. 706)
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Bibliography: Lillard‚ P.P. (1996) Montessori Today New York: Shocken Books. Montessori Centre International (2010) Philosophy‚ Module 1: MCI. Montessori‚ M. (1966) The Secret Of Childhood New York: Ballantine. Montessori‚ M. (2007a) The Absorbant Mind Amsterdam: Montessori-Pierson. Montessori‚ M. (2007b) The Discovery Of The Child Amsterdam: Montessori-Pierson. Pitamic‚ M (2008) I Can Do
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