Business Ethics Enron Case 1. Using the options market more for gambling purposes to cover loss rather than insurance. The culture was if one of their employees was making a lot of money they didn’t ask questions they didn’t look too deep into where the money was going they eventually gave these people more money to spend and use‚ what they realized later on was that that employee wasn’t very good. They were just lucky one time. They made some losses and had to get that loss back so they put
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Reflection For the purpose of my reflection I have chosen to use Gibbs (1988) Model of Reflection. More commonly used in the healthcare profession I have chosen Gibbs because I find this model simple‚ clear and precise helping me to stay focused and make sense of my experience. Also as it includes action planning it has helped me examine my actions in a way that perhaps they can be improved. I have also chosen to reflect separately on the planning of the Team Teach and the Team Teach presentation
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Models of Organizational Behavior LO 1 meaning and importance of ob o Explain key elements of organizational behavior L0 2 Discuss models of OB o Discuss Theories of management – x‚y‚z o Compare and contrast models of OB – autocratic‚ custodial‚ supportive‚ collegial and system OB Systems All organizations achieve goals by creating‚ communicating and operating s system. (Newstrom 27) Some systems are consciously created and regularly looked at and updated. The purpose of these systems is
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Learning Team Reflection Summary Eduardo Tolentino September 30‚ 2012 MGT/230 Dr. Wale Learning Team Reflection Summary The following we will discuss what as a class we have learned as well what can be applicable to our workplace or in our personal life. Also how our knowledge has increased as a result of what we experienced through the learning activities in the previous week. Our group decided to emphasize on Herb’s concoction and Martha’s Dilemma: The Case of the
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Team B Reflection Week One Kathleen Dunham‚ Brandi Harris‚ Ivan Oliney‚ Nichole Pitts‚ Praveen Viswanathan‚ Ramprakash Shanmugasundram LAW/531 February 14‚ 2013 Richard Simon Team B Reflection Week One The objectives for week one was to understand the major components of the legal system and differentiate between legal forms of business. The other objective was to obtain a thorough understanding of alternative dispute resolution (ADR) including advantages and disadvantages. Team B has
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Enron and How it Affected the Accounting Industry Enron once was one the United States largest energy company and was ranked Fortune’s seventh richest corporation in the United States. When Enron had a filed for Chapter 11 bankruptcy in 2001 it unraveled to be one the biggest accounting scandals in United States history. There are many factors that contributed to Enron’s demise but their aggressive and unethical accounting practices were the key component. As a result‚ the accounting industry
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The Enron Kaiwing Ho Ethics‚ Governance & Accountability BU.135.301.U2.FA12 Professor Crain November 21‚ 2012 Enron Since Enron Corporation has been bankrupt there were 20‚000 employees lost their jobs‚ medical insurance and average severance pay was only $4500. However‚ the top executives were paid bonuses totaling $55 million. In 2001‚ employees lost $1.2 billion in retirement funds and retirees lost $2 billion in pension funds. Yet‚ Enron’s top executives cashed in $116 million
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Team Reflection Paper Week 2 LAW/421 2/2013 Team Reflection Paper Week 2 The differences between substantive law vs. procedural law‚ is substantive law deals with the legal relationship between people or the people and the state. For example‚ substantive law defines degrees of murder in a case. Procedural law comprises the set of rules that govern the proceedings of the court in criminal lawsuits. For example‚ procedural law is the time allotted for one party to sue another
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Enron Corporation: THE RISE AND FALL; ACCOUNTING SCANDAL Submitted To: Professor Bill Bristol Submitted By: Kenneth Rhodes‚ Jr. Metropolitan College of New York (MCNY) TABLE OF CONTENTS I. ABSTRACT...............................................................................................................................2 II. purpose and service....................................................................................................3 III. HistorY.............
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UVA-F-1299 Rev. Feb. 8‚ 2011 This document is authorized for use only by Mattia Tenaglia at Tecnologico de Monterrey. Please do not copy or redistribute. Contact permissions@dardenbusinesspublishing.com for questions or additional permissions. ENRON CORPORATION’S WEATHER DERIVATIVES (A) Everybody talks about the weather‚ but nobody does anything about it.1 In October 2000‚ Mary Watts‚ the chief financial officer of Pacific Northwest Electric (PNW)‚ a utility servicing the Pacific Northwest
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