making profits. If a business stays within the law‚ it is encouraged to do anything and go to any means necessary to maximize the bottom line. Other aspects such as customer happiness‚ impacts on society should not be its main concern. Porter and Kramer on the other hand suggest that we can create shared values in other words we can create economic value simultaneously by creating societal benefit and vice versa. Theoretically‚ Friedman’s analysis makes a great deal of sense because doing what is
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Expressway Columbus Ga. 31904 IF YOU WERE THE BOSS 1.You are the manager of a bank‚ and one of your employees comes in on a Monday morning with a pierced tongue and purple hair. What should you do? I would first call the employee into my office. The sooner I remove the employee from public view the better. Allowing an employee to badly represent the company that way would be bad for business. Our company could lose some of
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Topic 1- operations Chapter 1: ROLE OF OPERATIONS MANAGEMENT The role of operations management The creation of goods and the provision of services by businesses. The transformation of inputs into outputs or products to be sold. This involves: planning activities purchasing inputs managing inventory selecting and implementing manufacturing processes Developing strategies to gain a sustainable competitive advantage. The strategic role of management A strategic decision is one that affects the
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Three things I did in the past few weeks that were aligned with what I value include: A. Helping others with homework’s even when I am in a rush. B. Have making the best decisions for the Department I work. C. Have staying close to my family in economic crisis. A. I was honest to let my little brother know that I was in a rush‚ but I was willing to help. I took the time to make the difference and help someone in need. The action I took goes back to my values. I didn’t let my knowledge got in the
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1. Enron was valued at $2.3 billion when it was formed in July 1985. On August 23‚ 2000‚ its stock was at $90 per share and it had a market capitalization of $65.9 billion. Explain the major business practices that created such dynamic growth in the price of the stock. Enron used many different tactics to inflate their stock prices. The one that sticks out to me is when they signed a 20-year contract with Blockbuster. Early in the contract Blockbuster and Enron parted ways with a null and void
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Current issue: Scandals in auditing Enron Scandal 1. Introduction Accounting scandals are political or business scandals which arise with the disclosure of financial misdeeds by trusted executives of corporations or governments. These days‚ not too often‚ these scandals are splashed as headlines across media. Why? Because there are complex groups of stakeholders who might be seriously affected by the scandals. Enron scam was the most remarkable scandal in 20 centuries by their institutionalized
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company named ENRON CORPORATION was Ranked number 7 on the fortune 500 list in 2000‚ it was one of the most famous and largest integrated natural gas and electricity companies in the world. The company went bankruptcy on December 2‚ 2001. But before that it marketed natural gas liquids around the world and was working as one of the biggest natural gas transmission systems in the world‚ with transmissions over a massive area of 36‚000 miles. Serving both upcoming and the industrial market‚ It was one of
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Describe the business using the BMC • Customer segments From the map above‚ the organisation can focus on their customers’ area‚ which is mass markets model for customer segments. Groupon Company (2013) states that we have 39.5 million customers in the world‚ and they also will recommend friends and family to join in Groupon deal activities. Therefore‚ the public who includes women‚ student and singles will create a lager number of value for this organisation. Furthermore‚ Gil (2013) claims
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If I were a bird If I were a bird‚ I would like to be one of the small species‚ cute and beautiful. I would love to be a tiny maina who is beautiful‚ tiny and above all‚ it is a bird that man can keep as a pet. I would love to stay with men‚ study their ways and enjoy their company. This I would be able to do with men as‚ God has given the maina a power of speech just like men. It talks like a human being‚ has a sweet voice and‚ above all also has a great capacity to learn whatever it is taught
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song “If I Were a Boy‚” Beyonce argues that many women are trapped in bad relationships and never take the time to question how they truly desire to be treated. To confirm this‚ Beyonce is attempting to look at her unhealthy relationship as if she were in her significant others shoes. She makes an effort to develop an understanding of what it is like to be the man in the relationship‚ and see how he can just passively mistreat a girl. Beyonce later discovers that she would treat others how she would
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