Reebok scam Rs 870 crore corporate fraud in the operation of Reebok India have detected a systemic "mismanagement" in the business planning and running of the company reportedly done by some of its officials and employees. "The governance and operations in the company were mismanaged. The bills were inflated and not recorded correctly. So‚ the probe clearly indicates that it was not a corporate scam in the apparel manufacturing firm but it was non-adherence to the rules and guidelines of business
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In discussion question 3‚ we analyze the reasons behind Liesel’s book thievery and how they were important to her- emotionally wise and as well as in her outside relationships. To begin with‚ The Grave Digger’s Handbook is the first book Liesel steals after her brother dies. The reason behind her first “crime” is‚ as stated on page 38: “… The point is‚ it didn’t really matter what the book was about. It was what it meant that was more important; [it was] the last time she saw her brother (…) it
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Introduction to scams Various scams‚ scandals and stigmas that have surfaced in the recent years. These may not all be attributable to the antics and bungling of politicians‚ but they have been facilitated largely because of the vitiated atmosphere that the politicians and the political system have created in the country. Scams and scandals have manifested themselves in large numbers over the past few years. The latest‚ the Petrol Pump Scam concerning 3‚158 allotments of petrol pumps‚ LPG agencies
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People of the whole world are responsible for climate change.Their ignorance is the main reason behind it.For instance‚ USA has been most widely seen as the counry having the most negative efforts on the world’s climate change followed by China‚Germany has received the best ratings. United Nations Framework Convention on Climate Change agreed that the developed countries are mainly responsible for the current global emissions of greenhouse gases.Just for social and economical development they
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reasoning behind why they seceded from the Union. With the legal justifications‚ they had behind it. Including the historical context behind South Carolina’s Declaration. Including why it is important to have an understanding of various viewpoints. South Carolina’s Articles of Secession‚ is the “Declaration of the immediate causes which induce and Justify the Secession from the Federal Union” issued on December 24‚ 1860‚ by South Carolinas government.In order for them to explain their reasons for seceding
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Case analysis: Case: Infosys vs Satyam. Whose wealth is maximized? 1. Synopsis: The case revolves around the accounts manipulation of Satyam Computers. It makes a comparison between two companies of the same competitive IT industry i.e Infosys and Satyam Computers. It shows how the company’s fate/ business scenario depends upon the financial vision of the CFO. The principal objective of the case is to analyze the role of a CFO in maximising shareholders’ wealth. The main objective of every
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stronger national government such as George Clinton feared that it will threaten the economic success of individual States and will lead to the abuses of power experienced under the British rule. However‚ after a careful analysis of the history and reason behind the Virginia Plan‚ one will understand that this is not the case. In fact‚ the Virginia Plan gives power just enough to ensure order and harmony in the States. Before the constitutional convention‚ the States and the national government ran based
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The social relevance of phishing scams in a global era: From present to future TABLE OF CONTENT TABLE OF CONTENT 2 ABSTRACT 3 INTRODUCTION 4 Six common ways about phishing scams 5 POTENTIAL SOCIAL IMPACTS 6 IMPACT ON PEOPLE 7 CONCLUSION 8 REFERENCE LIST 9 ABSTRACT Because of the development of technology‚ people are using email more and more often than before to purchasing‚ online-banking. etc. There are lots of emails are used actively in users communication‚ users must
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Business Background Research Report – Satyam Scandal Snehal Tiwari‚ Student Id: 3316645 Assignment 2 Course Code: BUSM 2112 Executive Summary Satyam was one of the big five IT consulting and services firm in India. At the time of this scandal it reported around USD 2 billion in revenues. ‘Satyam’ meaning ‘truth’ in Sanskrit‚ is today more related to this scandal. The scandal in brief is about how its promoter and chairman resorted to fudging the accounts to overstate earnings (by about 1
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In early 2009 the chairman of Satyam Computer Services admitted publicly to a fraud taking place in the company. Satyam reported in the financial statements billions of dollars in profits and cash assets that never existed. The public auditor’s responsible for auditing the financial statements of Satyam Computer Services at the time was PW India‚ an affiliate of Pricewaterhouse Coopers. The Securities and Exchange Commission determined that Satyam was able to commit the financial statement fraud
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