the city Tenochtitlan had some unusual‚ natural disaster in which between the years of 1517 and 1519‚ the Aztec city of Tenochtitlan had an earthquake‚ then Lake Texcoco had flooded the capital city. The Aztecs believed these disasters warned of the fall of their empire and the return of their god. In 1519‚ the Spanish explorer‚ Hernan Cortes arrived on the east coast of Mexico and to make sure his men cooperated with him marching across the jungle‚ he proceeded burned all of his ships. He continued
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Enron Case The internal controls that were ignored when LJM1 was created were one‚ LJM’s books were kept separate from Enron’s. LJM1 ignored some of Enron’s entries in the books that were missing. Outsiders owned less than 3% of the Special Purpose Entities equities. There was an error made by Arthur Andersen to let LJM’s financial statement to remain unconsolidated. If the financial statements had been consolidated‚ some of the errors could have been found. They may have even had some time to correct
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The atmosphere at Enron was highly competitive. Enron rewarded cleverness and pushing the envelope. Enron’s former president and CEO Jeffery Skilling encouraged employees to be "independent‚ innovative‚ and aggressive.") The aggressiveness of the culture at Enron was increased by a rigorous and threatening evaluation process for all employees that became known as "rank and yank." "Enron’s employees annually ranked their fellow employees on a 1 (best) to 5 (worst) scale. Each of the company’s divisions
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In the mid-thirteenth century‚ an unknown‚ incomprehensible force took over Europe: it was said that the Angel of Death had come for a visit. Was this of Satan? Was the enemy once again wreaking havoc upon the people? Or was this the wrath of God punishing the guilty? What came was yet another mysterious plague wiping out millions of 12th Century Europe. As this fatal force grew‚ fear grew‚ and as fear grew‚ panic spread; from panic came abandonment‚ and from abandonment‚ came separation‚ isolation
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Valery Umana Po. 3 1\30\15 The Rise and Fall of the Ottoman‚ Safavid‚ and Mughal Empires The Ottoman‚ Safavid‚ and Mughal Empires were forces to be reckoned with back in the day. Being powerful entities‚ their rise was paved with military prowess‚ religious tolerance‚ and having meritocratic systems‚ though this is not always the case. Their fall‚ however‚ was the result of their treatment of peasants‚ a plague of horrid rulers‚ and shortsighted economic handling. The Ottomans were blessed for
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Mr. Red Feliciano Enron Corporation’s Case Analysis Reference: Auditing and Assurance Principles by Jose Ireneo‚ Shirley Ireneo and George James 1. A. Fastow is one of the most responsible because being the Chief Financial Officer or CFO of the Enron corporation‚ he had a major influence. He was guilty of fraud‚ money laundering‚ inside trading‚ and conspiracy‚ among other crimes. Due to his acts such as misleading Enrons board of directors and audit committee on
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She includes the Persian Empire in her book because they had military and economic strength. They were skilled in using the strengths of the people they conquered to succeed. c. This empire was successful because they used the individual strengths and talents of the people they conquered; in doing this they were able to conserve resources. They were also successful because they didn’t suppress the people they conquered. They let them keep their own religions‚ languages‚ and general way of life
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"We live in a world where lemonade is made from artificial flavoring and furniture polish is made from real lemons‚" said Mad Magazine’s Alfred E. Neuman. Throughout history‚ the spice industry has evolved from primitive humans flavoring meat with leaves‚ to multi-billion dollar companies injecting chemical compounds into common foods; from tasting a few minute grains on entrées to feeling a discharge of natural and artificial flavors from exquisite candies‚ and from scavenging the world for priceless
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Answer the following questions based on the film Enron: The Smartest Guys in the Room (2005). 1. (a) Describe the ownership structure at Enron. (b) How did the ownership structure contribute to the Enron scandal? (15 points) When Enron became a publicly traded company‚ the employees and executives had more incentive to manipulate earnings and financials. With the shift in structure‚ there were more external stakeholders to satisfy‚ which caused the company to focus on short-term results‚
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Pretty much all of the excitement over the last century has been about the new advanced technology‚ most people are fooled by thinking they need the newest and the best. But to what extent is this new technology ruining the environment and the actual people? It is believed that with all the new technology people are becoming less healthy as they can use the technology to do all the work for them. Have the people of the world become too dependent on computers‚ cars‚ the internet‚ different machines
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