"The worldcom s financial scandals of the 2000 s" Essays and Research Papers

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    Scandals

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    SCANDALS IN 2000S Named scandals Named scandals in India Scandal Year reported Scope Location Key players Summary 2012 Indian coal mining controversy 2012 185‚591.34 crore (US$33.78 billion) nation Comptroller and Auditor General of India‚ the coal ministry‚ many electricity boards and private companies coal blocks allotted‚ not auctioned‚ leading to estimated losses as per the Comptroller and Auditor General of India [1][2][3] Karnataka Wakf Board Land Scam 2012 200‚000 crore

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    Fashion in the 60's

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    Fashion in the 60’s The 60’s were a time of change and challenge. They brought hippies‚ space age‚ folk music‚ and the Beatles. Women’s skirts got shorter‚ men’s hair got longer‚ and everyone talked about love. The 60’s was characterized by the feeling that a break with the past had been achieved. Clothes‚ furniture‚ and products all looked newer‚ brighter‚ and more fun. The swinging 60’s were at their height. Women’s hemlines were very short. Fashion in the 60’s tended to encourage

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    Worldcom Creative Accounting

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    the letter of the applicable accounting standards but deviate from the spirit of those standards. It is the use of accounting methods to hide aspects of a company’s financial dealings in order to make the company appear more or less successful than it is in reality. In other words‚ Creative accounting is the transformation of financial accounting figures from what they actually are to what preparers desire by taking advantage of the existing rules and/or ignoring some or all of them. The motivation

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    Phillips`S Curves

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    Examine the salient features of the Phillips`s Curves. How might elementary textbooks be criticised for writing ‘inflation’ on the vertical axis? Introduction Philips curve‚ named after A.W. Philips‚ has caused many fierce debates in the area of macroeconomics since the World War II. Based on the data of wages and employment in UK from 1861to 1957‚ Phillips concluded that there had been an inverse relationship between the percentage rate of unemployment and the percentage rate of change in

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    Accounting Fraud at WorldCom LDDS began operations in 1984 offering services to local retail and commercial customers in the southern states. It was initially a loss making enterprise‚ and thus hired Bernie J. (Bernie) Ebbers to run things. It took him less than a year to make the company profitable. By the end of 1993‚ LDDS was the fourth largest long distance carrier in the United States. After a shareholder vote in May 1995‚ the company officially came to be known as WorldCom. WorldCom culture was

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    a doll s house

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    borrow money from other people for her husband. When there’s a challenge‚ couples help each other and work their way through. That’s how we look at it nowadays. The other irony that I found is that the person whom Nora turns to when the family has a financial problem is the person that her husband fires. If that happened in nowadays‚ Nora’s husband might have rehire Nils‚ the person who gives him a hand when he’s in need. On the contrary‚ Nora’s husband is not only ungrateful but also puts the blame on

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    The Hero S Journey

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    Journey There are many steps of “The Hero’s Journey”. The first step of The Hero’s Journey is the ‘Ordinary World’. The ‘Ordinary World’ allow us to get to know the Hero and identify with him before the Journey begins. This step refers to the hero ’s normal life at the start of the story. Next‚ is the ‘Call to Adventure’ and the hero is faced with something that makes him start his adventure. This might be a problem or a challenge he needs to overcome. Following that step is ‘Refusal of the Call‘;

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    When you think about what has changed between now and the 1800’s there are endless possibilities to mention. Most of the time however these changes have been for the better. When you come across something that hasn’t changed much one can’t help but wonder why. The similarities between institutionalism now and in the 1800’s are eerily similar. “In the 1830’s jail was an all purpose solution for a lot of issues” (Campbell‚ 2014). Intentional or not I still feel like this is still the case. The

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    McDonald s India

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    References: Choi‚ C. (2014). McDonald ’s to beef up in India with Meatless Menu. Retrieved from http://www.businessweek.com/ap/2012-09-04/mcdonalds-to-open-vegetarian-restaurants-in-india Corporate Social Responsibility. (2012-2013). Retrieved from http://www.mcdonaldsindia.net/Corporate-Social-Responsibility.aspx Gordon‚ A. (2014). McDonald ’s adapts to India. Retrieved from http://www.thunderbird.edu/blog/faculty/washburn/2010/12/14/mcdonalds-adapts-to-india McDonald ’s India. (2012-2013). Retrieved from

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    Computers in the 1950's

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    Computers in the 1950 ’s People have been in awe of computers since they were first invented. At first scientist said that computers would only be for government usage only. "Then when the scientists saw the potential computers had‚ scientist then predicted that by 1990 computers may one day invade the home of just about ever citizen in the world" ("History" Internet)‚ the scientists were slightly wrong‚ because by 1990 computers were just beginning to catch on. Then a few years later when scientists

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