AUDIT FAILURE OF WORLDCOM Group 1 Background • WorldCom‚ first named LDDS (Long Distance Discount Services)‚ grew largely by aggressively acquiring other telecommunications companies in 1990s. • For a time‚ it was the United State’s second largest long distance phone company (after AT&T). Background However‚ the year 2002 comes… • In March‚ the SEC began to investigate WorldCom as it reported large profit while AT&T reported loss. • In May‚ Arthur Anderson was replaced by KPMG
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that has happened to them‚ or someone they knew. “Tales from the Thousand and One Nights” provides us with many‚ sometimes fictional‚ Arabic stories‚ out of which we could learn something just as the stories of the elders. Listening to people’s stories‚ and their life lessons‚ and using it as our guide in the future‚ is like being prepared‚ for the unexpected‚ that could lead to many positive and profitable results. Each of this unique stories from predecessor’s present series of life lessons‚ such as
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Communication is a term for passing information from one to another; this can be done physically‚ verbally‚ visually and also technologically for example email. Physical communication requires one to physically send a message for example a hand shake to say thanks‚ this message can also be passed on verbally and technologically. Visual communication requires usually involves demonstration sometimes mixed with verbal communication to help learners understand or stay more focused. Effective communication
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proclaimed that all of God’s people are created equal. The national debate over reconstruction began during the civil war. Laws were put into place that gave African American rights but they failed drastically. The reconstruction was definitely a failure because of the Jim Crow laws. As the era of slavery‚ most black southerners remained in a cycle of poverty that allowed almost no escape. African Americans still lacked property‚ economic opportunity and political power. Some ex-slaves wished to
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Everyone has a different decision about what they want to do after high school. In my opinion the best thing one can decide to do is to go to college. That is because even though it sounds boring to continue going to school now that you actually have to option of going or not‚ college really is the right path. I think that attending college and continuing until you graduate with the best degree for your choice of career‚ is best for your future. It can be best for your future because it leads you
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others. One day you can meet a person and the next day they will become your best friend. Although it is not that easy as an adult‚ as children this is one of the most important and critical skills needed to succeed. The ability to get along with others helps us all through out our lives; you can meet new people‚ gain valuable friendships‚ and become very likeable. This can make the road to success a much easier path. For example‚ as we all know sometimes opportunities in this world come from what
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Managment | Case Study The Failure of Boo.com | | | Brief Introduction Boo.com‚ which was founded by two Swedish entrepreneurs: Kajsa Leander‚ a fashion model‚ and Ernst Malmsten‚ launched during the end of 1999. It was an e-tailing site which positioned as fashion merchandise seller (B2C). Business Model Boo. Com mainly sold its products. The source of income was only the sales of its products online. There were no links to small boutiques where customers could go to by the products before
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benefits of going green‚ how to implement it into their everyday lives‚ & why they should Go Green. Body: As of today Americans make up 4% of the world’s population‚ yet we produce 25% of the world’s carbon dioxide pollution‚ from fossil fuel burning. That’s more than China‚ Japan‚ & India combined. And every minute the U.S. uses $1million dollars worth of energy. Transition: Did you know that recycling one aluminum can saves enough energy to run a T.V. for about 6 hrs.? Main Point: The benefits
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reusable shopping bag‚ is a type of shopping bag which can be reused several times. It is often made from fabric or a thick plastic that is more durable than disposable plastic bags‚ allowing multiple use. Reusable shopping bags are a kind of carrier bag‚ which are available for sale in supermarkets and apparel shops. Reusable shopping bags require more energy to produce than common plastic shopping bags. One reusable bag requires the same amount of energy as an estimated 28 traditional plastic shopping
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ISSUE 1 The choice of right versus wrong can be a relatively simple one to make. In most cases the right choice has positive implications and the wrong choice negative ones. What happens when we are faced with two choices that can be equally right? What do we rely upon to make these decisions that have competing virtues? Right versus right decisions are defining moments in shaping a person’s character. That being said‚ the lecture‚ Defining Moments by Badaracco (2002) is appropriately titled
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