Worldcom was the second largest long distance phone company in the United States. The former CEO Bernard Ebbers was sentenced to twenty five years in prison due to increasing revenue the wrong way to increase earnings. This company had the largest bankruptcy filing in the United States. Today‚ the Worldcom accounting scandal is known as one of the worst corporate white collar crimes in history. What were some psychological factors that led to this crime? Financial Pressures from competitors
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BPL has a pioneering legacy in Indian electronic industry. In 1963‚ BPL came into being in collaboration with the erstwhile British Physical Laboratories‚ UK‚ to manufacture hermetically sealed panel meters. It was a small beginning. In a few years BPL ventured into medical electronics and then test & measuring instruments. In 1968 BPL introduced India’s Indigenously built first ECG machine – the Cardiart T108. It instilled confidence that with ingenuity and commitment we can match the best
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The rise of multinational companies and increased global diversification by even small companies has resulted in people of diverse backgrounds and cultures working together in the same office or for the same organization. Conflict in such situations is predictable‚ but understanding the diversity issues can help companies implement programs designed to keep conflict at a minimum and to take full advantage of the many benefits which such diversity brings to an organization. Key to understanding how
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KAPLAN DAVID KIRON Accounting Fraud at WorldCom WorldCom could not have failed as a result of the actions of a limited number of individuals. Rather‚ there was a broad breakdown of the system of internal controls‚ corporate governance and individual responsibility‚ all of which worked together to create a culture in which few persons took responsibility until it was too late. — Richard Thornburgh‚ former U.S. attorney general1 On July 21‚ 2002‚ WorldCom Group‚ a telecommunications company with
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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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Case Study on the Rise of the Indian Automobile Industry Anthony Bradley Brown Mid-Continent University MGT 6013; DL 4M Case Study on the Rise of the Indian Automobile Industry The purpose of this document is to assess the growth of the automobile industry in India‚ and to discuss some of the advantages and disadvantages of manufacturing automobiles on a large scale in this region. As the car manufacturing industry in this region grows‚ it is important to understand why companies would
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Western Roman Empire | A map depicting the separate empires of Rome | Mediterranean Society: The Roman Phase From Kingdom To Republic The Etruscans and Rome (Previous Wiki notes) There are many different versions on how Rome started the ones told to kids are very simple with very few names: .Ancient Rome for Kids The story of Romulus and Remus for adults have dates‚ more names and details: Wolf Country‚ Myth and Stories You can find many versions of myths‚ however the version the
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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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day on earth. Being that it is natural for us to live and perish‚ while nature will remain the same. Hypothetically speaking‚ the ocean display and portray the most powerful forces on earth. This proposal is represented in the poem “The Tide Rises‚ Tide Falls” by Henry Wadsworth Longfellow. In the poem the ocean is a symbol for life. In reality‚ the ocean contains up and down movements that cannot be stopped. This relates to humans living life and dying‚ as the pattern continuously repeats itself
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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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