Claussen‚ Dane S. 2004‚ ‘Cognitive Dissonance‚ Media illiteracy and Public Opinion on News Media’‚ American Behavioral Scientist‚ Volume 48‚ Issue 2‚ pp. 212-218. Topic – The article ‘Cognitive Dissonance‚ Media Illiteracy and Public Opinion on News Media’ is examining and discussing public opinion‚ media illiteracy and cognitive dissonance. The author takes you through a break down on public opinion of newspapers and television news and shows why a lot of the quantitative research taken over
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is taught from a young age that everyone else’s opinion matters just as much as their own. Children accept the opinion of their peers openly and without judgement. As people get older and gain experience in life they begin to start criticizing the opinions of others‚ whether this criticism comes from prejudice‚ cultural differences‚ or their own values and beliefs. These differences in people have allowed people to believe other people’s opinions are worthless or a waste of time and energy for
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The Accounting Scandal Enron Corp. Collapse and WorldCom Accounting Scandal 11/18/2020 The Enron Corp. collapse Formed in 1985 from a merger of Houston Natural Gas and Inter-north‚ Enron Corp. was the first nationwide natural gas pipeline network. Over time‚ the firm’s business focus shifted from the regulated transportation of natural gas to unregulated energy trading markets. The guiding principle seems to have been that there was more money to be made in buying and selling financial
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Law Opinion Paper Autumn Smith CJS/220 March 31‚ 2013 Lacey Martz Law Opinion Introduction In the paragraphs below I am going to examine and explain the creation of U.S. laws. In doing this I will take into consideration common law heritage. I am going to close the paper with my own opinion of what laws should and should not be a law and what should be considered when laws are made. The Creation of Laws In democracies such as ours‚ laws are the rules set by public officials. The state
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ADELPHIA COMMUNICATIONS SCANDAL REVEALED ________________________________________ The Adelphia Communications Scandal Created Controversy. The Fraudster Got Sympathy From the Judge and Received a Light Sentence for Stealing From Old Folks. ________________________________________ The Adelphia Communications scandal broke in 2002 when a footnote in a routine quarterly earnings statement revealed that the Rigas family had borrowed more than $2 billion from the company. But they didn’t pay it back
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An Ethical Analysis of the Enron Scandal The Enron scandal is one that left a deep and ugly scar on the face of modern business. As a result of the scandal‚ thousands of people lost their jobs‚ some people lost their entire pensions‚ and all of the shareholders lost the money that they had invested in the corporation after it went bankrupt. I believe that Kenneth Lay‚ former Enron CEO‚ and Jeffrey Skilling behaved in an unethical manner without any form of justification‚ but the whistleblower‚ former
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companies expected that they could build enough brand awareness to charge profitable rates for their services later. The motto "get big fast" reflected this strategy. During the loss period the companies relied on venture capital and especially initial public offerings of stock to pay their expenses. 4- Soaring stocks In financial markets a stock market bubble is a self-perpetuating rise
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and to keep loyalty to the company or to be a whistleblower to disclose the fraud. In general‚ Vandiveer behaved by his personal values. However‚ some actions by Vandiveer are open to question. Visibility: Vandiveer was admired and supported by the public for his courage to do right thing though losing his job and suffering the possible prosecution. In some sense‚ Vandiveer betrayed his company as a whistleblower. However‚ his disclosure prevented a worse consequence of engineering fraud. Generality:
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1. • In your opinion‚ is “bribing” unethical & illegal or just a cost of doing business? Discuss this in light of Siemens’ bribery scandal. We believe that bribing is unethical because it takes away the fairness of a business transaction between bidders of a contract. Bribing also has a negative impact on competition because it allows for oligopolies and monopolies to emerge in an industry due to smaller competitors being unable to financially compete with the amount of the bribes. This in
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In my opinion‚ William Faulkner displays a perfect example of the old saying‚ "what goes around comes around" in the short story A Rose For Emily. The main character‚ Miss Emily Grierson‚ doesn’t know why the public eye looks at her the way it does‚ she also doesn’t know why people act so differently around her. I believe it is strongly because of her father and the way he treated her while she was growing up. The story only spoke briefly about the father‚ but what they did say made him out
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