MAA350 ETHICS AND FINANCIAL SERVICES Trimester 2‚ 2013 ASSIGNMENT: LIVENT‚ INC.: An Instructional Case PART A Question A1 Outline the frauds identified in the case and explain the inconsistencies with proper accounting treatment. Relate your answer to broad accounting concepts and accounting standards where relevant. (8 marks; approximately 800 words) Answer: Livent Inc. is a theatre production corporation registered in Toronto‚ Canada. Therefore‚ all
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Case 7—3 Stafford Press* Stafford Press was founded in 1993 as a one-man job-printing firm in a small southwestern town. Shortly after its founding‚ Lucas Stafford‚ the owner‚ decided to concentrate on one specialty line of printing. Because of a high degree of technical proficiency‚ the company experienced a rapid growth. However‚ Stafford Press suffered from a competitive disadvantage in that the major market for its specialized output was in a metropolitan area over 300 miles away from
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The Analysis of Yellowtail Marine‚ Inc. Case The Yellowtail Marine‚ Inc. case focuses attention on the difficulties of Robyn Gilcrist‚ which is the newly appointed president‚ to efficiently managing the company’s daily operations while at the same time developing a corporate strategy. 鰤海洋，关注公司的情况下罗宾·吉尔克里斯特，这是新上任的总统的困难，有效地管理公司的日常运营，而在同一时间发展企业策略。 This case concerns Gilcrist’s first day as president. Due to the intervention of Gunerson’s unexpected death‚ Gilcrist has to join Yellowtail some weeks ahead of the scheduled starting date
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MEMO ON CASE NR.1 : MOUNT EVEREST 1. Why did this tragedy happen? Are tragedies such as this simply inevitable in a place like Everest and why? Many negative factors simultaneously happened and influenced on the tragedy at Mount Everest on 1996. I strongly believe that such tragedy could have been avoided‚ if leaders acted more unbiased and professional. The main reason why the tragedy happened was lack of psychological safety in team‚ too many ambitions of team members (plus sunk cost effect
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Kayla Rodney MBA 575 Case 4 Questions The University of Northwestern Ohio Jinjian Garment Factory Motivating Go-Slow Workers Piecework is a suitable form of paying employees in the garment factory‚ however it is not the best form of payment for the Shenzhen factory. The piecework system employed by the factory in Shenzhen was well suited to the nature of the work. Each worker was assigned to a specific job and earned an exact amount derived from the number of finished pieces times the price of that
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Nike‚ Inc. : Case Study in Operations Management MGT 441 Prepared for: Dr. Davidson‚ Concord University Prepared by: Jeremiah Nelson Johnathan Coleman Emily O’Dell December 4th‚ 2012 Introduction Low-cost‚ time-efficient manufacturing of goods is a key feature of a successful production company in today’s competitive global economy. Operations management‚ often abbreviated in the business world as OM‚ is defined as “...the set of activities that creates value in the form of goods
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Moreover‚ the company opened other branches in other countries like India to show that it was an international firm. First‚ it is important to evaluate how the communities where the company operates perceive ethics. A study about the perception of ethics among Muslims and Christian would reveal any differences regarding how the business practices of MEGA Inc. and evaluated. From the findings‚ both the customers share similar ideology
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VORA AND COMPANY* Understand the Concept of Marketing Mix In December 1963‚ M.C. Vora‚ proprietor of Vora and Company manufacturers of Blossom Quick-Cooking Oats located at Lucknow‚ sought counsel from the Small Industries Service Institute at Lucknow regarding steps that might be taken to increase the sales of his company. The company had been organized in 1959‚ had started to sell its product nationally in 1961‚ but by December 1963 had failed to attain a profitable volume of sales. Mr
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Case 11-4 SUBJECT: Determining the Functional Currency of Sparkle Company Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture‚ 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria‚ being the Naira. During 2009‚ Sparkle had several transactions with its joint venture owners and outside parties. The
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I worked at Time Inc.‚ one of the biggest companies in the magazine industry‚ for the last two years as a data analyst. Time Inc. owns many of the major brands that people typically purchase such as People‚ Time‚ Sports Illustrated‚ Money‚ Fortune‚ and many more. The trends in this industry have led to large declines in print‚ which I will refer to as newsstand copies‚ and increased content on the brand’s respective website. I worked specifically for People and Sports Illustrated and our team was
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