WorldCom: Organizational Culture and Unethical Safeguards Organizational culture is one of four influences whether an ethical or unethical behavior will be made. WorldCom’s demise‚ deliberately overstating their income by $7 billion between 1999 and 2002; and their once valued stock of $180 million becoming nearly worthless‚ can attribute a significant amount of their failure on their “dis”organizational culture. Corporations worldwide who do not think this type of fraud can happen at the hands
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Chapter 1- INTRODUCTION 1.1 Introduction to the study The study was conducted in HMT Machine Tool Limited which is a well known company from the past 5-6 decades. It is well known for its expertise performance in the industry 1.2 Objectives of the study The study was conducted in order to:- 1. Understand the functions of an organization 2. The behavior of the organization with the employees. 3. Know how well the different departments coordinate with each other
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INTRODUCTION TO BUSINESS ADMINISTRATION “FACTORS THAT INFLUENCES AN ORGANIZATION’S CULTURE” Culture is made up of values‚ attitudes and behaviours. Organizational culture is the values and behavior of employees and is based on shared attitudes‚ beliefs‚ and customs rules. It includes an organization goals‚ expectations‚ experiences‚ perspectives and values that keep it together. Organizational culture exist at two levels: Visible artifacts and Observable behaviours. These two consist
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I. SITUATION AND PROBLEM: 1 for Juan Const. Inc.‚ one of the “Triple-A” construction company in the country has been in the business for 38 yrs. focused on Land Development‚ Housing construction‚ Commercial construction and Convenience Store construction. Despite the company’s good sales/growth history‚ surviving the economic crisis then and now‚ 1JCI has not expanded much to other markets or areas of construction beyond its comfort zone. Economists and business analysts alike believe that the
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The Wallingford Bowling Center Case Question 1 The steps in the decision making process are; Identifying and diagnosing problems‚ generating alternative solutions‚ evaluating alternatives‚ making the choice‚ implementing the decision‚ and evaluating the decision. In using and applying these concepts to this case‚ with the first step we identify the major problem with the bowling center which is that the profit pool is too low at the end of the year and that capacity and sales needs to be increased
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Mission I represent a group of local mothers who want parents‚ students and institutions to be aware of enhancing academic performance in today’s universities and high schools nationwide. Our overall goals for participation is to attend community and educational board meetings to discuss and educate the need to take this issue seriously. Furthermore‚ we will ask local middle and high school faculties to allow us to take some time away from their lecture to inform these young students about the consequences
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Changing the Organizational Culture: Reenergizing the Athletic Department Jason Abstract Efforts to change the organizational culture of companies large and small have been attempted by many professionals‚ with varying rates of success. The reason success has varied with the process is due to resistance to the change in comfort zone from those involved in the process of culture change. In this paper the process of culture change will be discussed‚ as a plan will be outlined to change the
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Case Study: Cooperating and Communicating Across Cultures The article “Cooperation and communication between cultures”‚ points out the key components in this case study. In the scenario each one of the team members had their own preconceived notions of the "right" way they should interact with the team in order for the team to move forward. The viewpoints of the team members‚ in my opinion‚ were influenced in part by their own cultures in addition to their own corporate backgrounds. Jim upon
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Running head: Physical Activity in the Somali Community Addressing Physical Activity in the Somali Community A Community Service Project Ashley Ochsner Minneapolis Community and Technical College Addressing Physical Activity in the Somali Community Minnesota is becoming more diverse as time passes on. One of the ever-growing populations are Somalis‚ as they have been seeking refuge in Minnesota for over a
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Patton-Fuller Community Hospital QUESTIONS 1. What additional factors encountered in international as compared with domestic financial management? Discuss each briefly. International financial management is faced with many more business factors than domestic financial management. For instance‚ international businesses are required to operate in many different financial aspects around the world. International financial management must deal with customers‚ shareholders‚ vendors‚ and
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