thinking‚ and artistically‚ to name a few. Describe how you express your creative side.I express my creativity in a variety of ways I like to draw so the main source of my creativity is influenced by art I would like to say it helps me think outside of the box more when it comes to being able to make my own things without stressing over it. It helps with problem-solving such as in life problems I think of the many solutions and see which would have the best outcome for my current state of interest
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1. The Enron debacle created what one public official reported was a “crisis of confidence” on the part of the public in the accounting profession. List the parties who you believe are most responsible for that crisis. Briefly justify each of your choices. a) With Enron‚ the responsibility and blame started with Enron’s executives‚ Kenneth Lay‚ Jeffrey Skilling‚ and Andrew Fastow. Their goal was to make Enron into the world’s greatest company. To make this goal a reality‚ they created a company
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1. Describe the situation at Lehman Brothers from an ethics perspective. What’s your opinion of what happened here? To attribute Lehman’s failure to “unprecedented adverse events in the financial markets” completely overlooks the irresponsible ethical behavior of employees and managers. Students should mention the culture of corruption that existed at Lehman’s and the lack of controls that ultimately resulted in their downfall. An interesting finding was the acceptance of a rule‚ Repo 105‚ that
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very rotten in the state of Enron.” This quote by Michigan Senator Carl Levin is a twist of words from a famous playwright‚ Shakespeare’s Hamlet; “Something was very rotten in the state of Denmark.” From the play‚ this was recited because there was a lot of corruption in Denmark from the betrayal in royalty. In comparison to Levin’s quote‚ there was betrayal of Enron leaders to their employees‚ as well as the company itself. Between the years of 1979 and 2001‚ Enron was known for the largest market
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Explain Kant’s ethical theory’ (25 marks.) Kant’s ethical theory is an absolute and deontological theory. This means that humans are seeking the ultimate end called the supreme good also known as the ‘summon Bonnum’. Kant says that morality is a categorical imperative‚ this is a duty which must always be obeyed in all possible situations. A categorical imperative is what is needed to find what is right or wrong. Kant argued that to act morally is to do one’s duty‚ and one’s duty is to obey the
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The Smartest Guys in the Room It was a profound story happened between two giant companies‚ both of which once marked as one of the greatest companies for decades in the American History. Enron‚ started as Northern natural Gas Company in 1930‚ creatively making its way through the Great Depression by opening up the natural gas market with its lower cost and developing extensive pipeline network with the unlimited low-cost labor resource‚ fell apart due to its creative use of the SPEs and related
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1.What are the main reasons that Enron collapsed? I think the reasons for the collapse are three fold. Firstly Enron’s accounting practices(mark to market accounting- companies estimate how much revenue a deal is going to bring in and state that number in their earnings the moment the contract is signed) Its managements goal was to maintain the appearance of value by always having rising stock prices rather than focus on creating real value for the company. Secondly its reliance on Special
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est paying jobs. Furthermore‚ Sinhala‚ the language of the Sinhalese‚ became the official Sri Lankan language. The Tamils had hoped that the island’s independence would bring equality to the country‚ but the cultural differences were just too great. Rioting broke out in 1958‚ followed by some compromises with the Tamils. The Sinhalese prime minister was assassinated Neal Lineback 1959 and there were ultra-leftist terrorist activities. Finally‚ in the early 1980s‚ and Mandy Lineback Gritzner Sinhalese
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That girl you called a slut in class today. She’s a virgin !! The "gay boy" you punched in the hall today. Committed suicide a few minutes ago. The boy you called poor. He has to work every night to support his family. That girl you pushed down the other day. She’s already being abused at home. That girl you called fat. … She’s starving herself. The old man you made fun of cause of the ugly scars. He fought for our country. The boy you made fun of for crying. His mother is
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The overall cause for Enron’s bankruptcy should be blamed on former chairman and CEO‚ Kenneth Lay. As an Enron executive‚ all of Lay’s concerns should have been focused on Enron’s profits‚ but all he cared about was his property. When he noticed Enron’s financial problem‚ he did not attempt to fix it‚ but made effort to maintain his own benefit and ignored the whole company’s and investors’ loss. His selfish and unethical behavior not only deceived the investors but also finally resulted in Enron’s
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