of 4.00 Flag question Question text ENRON executives pushed up their stock prices and then cashed in their multi-million dollar options in a process called Select one: a. mark to market b. just in time c. non recourse financing d. pump and dump Question 3 Answer saved Marked out of 4.00 Flag question Question text What was the name of the ENRON executive who was hired by Jeff Skilling and served as the Chief Financial Officer Select one: a. Lou Pai b. Andrew Fastow c. Ken Lay d. Bethany
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managing Enron‚ one man by himself cannot manage to create a scheme‚ he needs help from a group of smart and brilliant people to help him out. The idea of Kenneth was to sell Enron to the people‚ the way he sold the Enron Image was by hiring Jeffrey Skilling a new CEO‚ a visionary man who is in condition to make Enron gain millions‚ by using the mark-to-model accounting‚ allowing the company to book potential profits on certain projects immediately after the deals are signed… this was done whether or
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Only 10% of new India workers skilled. (China 50%) Make in India useless without skilled workers. Skilling Why? NSDC (UPA) National Skill Development Council (2009) Ownership: 49% Finmin + 51% private Skill 15cr Indians by 2022 Skill Ministry (Modi) Modi setup special Ministry for Skill and entrepreneurship Skilling: HOW? Skil l Indi a PMKVY Din Dayal Minoriti es national multi-skill programme employability + entrepreneur skills Traditional professions like welders‚ carpenters
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experience‚ the loss of trained ERP analysts to consulting firms was particularly frustrating (four mentions). Insufficient training of end-users: Most firms emphasized making a major commitment to training end-users in system uses. This meant reskilling the end-users in new technologies and applications and supplementing ‘generalized’ user training with training in the use of specific application modules. Several firms emphasized user training in reporting applications‚ including the use of
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How Enron Do Fraud Ken Lay (Founder and CEO)‚ Jeffrey Skilling (CEO) and Andy Fastow (CFO) found that Enron wasn’t making money so what they did is implemented along with the approval of Arthur Andersen the "future value accounting." This type of accounting was to predict the future profit that Enron was going to make and list it as part of there future profit to the shareholders. “Outside companies” This creative accounting lead to Fastow to create "outside companies" that were directly involved
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having any knowledge of wrongdoing. Lay hires new CEO Jeffrey Skilling‚ a visionary who joins Enron on the condition that they utilize mark-to-model accounting‚ allowing the company to book potential profits on certain projects immediately after the deals are signed...whether or not those projects turn out to be successful. This gives Enron the ability to subjectively give the appearance of being a profitable company even if it isn’t. Skilling imposes his Darwinian worldview on
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that it is essential for organisational success. The main forms of flexibility in modern organisation according to Blyton and Morris (1992) are four: Functional‚ Temporal‚ Numerical and Financial. Functional flexibility involves the task of multi-skilling where employees are required to possess one specific skill and many other generalist ones. This means a reduced specialisation of roles with individuals being trained to carry out a much wider range of activities than before. The purpose of
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4 The Labour Market Context of HRM Chapter Objectives • To define internal and external labour markets • To outline the role of HRM as the interface between an organisation and its labour markets • To identify the changing labour market conditions under which contemporary organisations operate • To critically evaluate the implications for HRM of the ‘knowledge economy’ • To outline how labour market trends are impacting upon how organisations utilise labour and how HRM practices
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may be well established at their current plant and in their personal/family location and routines‚ as such any relocation may upset this balance and in turn negatively impact on work output by some employees. c. Upskilling and education of employees; All the employees will require upskilling on the new assets and operating procedures of the updated production line. The period of time will take to implement and remedy bugs will effect productivity. d. Impact on current operations; the major changes
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Science & Society‚ 43( 2)‚ pp. 132-157. Available at [Accessed 11 November 2013]. Aghion‚ P. and Howitt‚ P. 1998. Endogenous Growth Theory. Cambridge‚ MA: MIT Press. Available at [Accessed 11 November 2013]. Bessen‚ J. 2009. Was Mechanization De-Skilling? Available at [Accessed 11 November 2013]. Daniels‚ A. 2012. Technology’s Positive and Negative Effects on Behavior. Available at [Accessed 11 November 2013]. Richards‚ L UNESCO. 1958. 13th Congress of the International Association of Applied Psychology
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