Was the Constitution Created to Protect People? Lisa Vu U.S. History Period 4 Throughout the world‚ democracy seems to be a popular form of government because in this type of government‚ the people have power to decide on the decisions that affect them. After the Shays’ Rebellion‚ the Article of Confederation was weak because it did not have a strong central government to enforce laws effectively; therefore‚ the Constitution was called to replace the Articles of Confederation. The purpose of
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The Enron scandal A brief on Enron’s history Enron was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. In the early 1990s‚ he helped to initiate the selling of electricity at market prices‚ The resulting markets made it possible for traders such as Enron to sell energy at higher prices‚ thereby significantly increasing its revenue. As Enron became the largest seller of natural gas in North America by 1992‚ Enron pursued a diversification strategy
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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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Official crime statistics refer to statistical data which are compiled by official agencies such as the police and courts‚ and are published by the state. National statistics about crime in England and Wales have been collected and published by the Home Office annually since 1857. These figures are compiled by putting together the offences recorded by the police in each of the forty-three police areas in England and Wales. The statistics contained in these volumes are of great significance‚ not only
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houses which have either unsafe or dodgy insulation. There is no plan to find and fix the 240‚000 houses out of the potential million. Without a plan to examine all of the one million houses there is no solution to this problem‚ because almost one-quarter of them have either dangerous or dodgy insulation as a result of a program which was monumentally ill conceived and ill executed and which caused enormous human damage. The second of the systemic failures is that there is no plan for small business
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airport terminal debacle was a lethal runway crash between two Boeing 747s on Sunday‚ Walk 27‚ 1977 at Los Rodeos Airplane terminal (now Tenerife North Airplane terminal) on the Spanish island of Tenerife‚ one of the Canary Islands. The accident murdered 583 individuals‚ making it the deadliest mishap in flying history. As a consequence of the intricate communication of hierarchical impacts‚ natural preconditions‚ and perilous acts paving the way to this airplane setback‚ the debacle at Tenerife has
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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 the
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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. Following parties are believed to be the most responsible for the crisis. With any big organization going so bad‚ the blame starts with the top level executives‚ there was no different in this case. For Enron the blame started with Enron’s
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Imane Malihi Prof. Fred Friend BLW411/511 March 27‚ 2014 The Downfall of Enron Corporation “Ethics and integrity are at the core of sustainable long term success … Without them‚ no strategy can work and‚ as Enron has demonstrated‚ enterprises will fail. That’s despite having some of the ‘smartest’ guys in the room.” by Richard Rudden. As the quotation states‚ ethics and integrity play a key role in the success of any corporation; through these principles‚ companies can ensure their compliance
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Toyota’s Accelerator and Public Relations Crisis By Cristi DeLeo One of the world’s top automakers‚ Toyota was once one of the leaders in automobile and business improvement and manufacturing. However‚ in 2009 the top builder of reliable and high quality cars went through one of the largest recalls in the history of the United States. Consumers had considered Toyota one of the top in the race for automobile and automobile selling among car manufacturers
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