Q 1: Evaluate Enron profit and cash flow performance during the period 1998 – 2000? Profitability Measures Enron’s reported net income grew from $703 million in 1998 to $979 million in 2000‚ totaling 35.1% profit growth for the three-year period. Enron was among the leading of “high performing” companies by sustaining a high earnings growth insight. However‚ as Table 1 indicates‚ Enron’s reported profits were microscopic relation to revenues. Net income did not grow at anything near the same
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Unethical Behavior in Organizations Many organizations spend great amount of resources to implement a set of ethics for employees to follow. However‚ the concept of what is culturally acceptable behavior‚ too often‚ is not aligned with organization’s intended ethics. As result‚ this paper explores the impact of unethical behavior‚ and the effects on the workforce. The intent is to reveal the benefits of business research and how this tool can unravel innovative solutions to dealing with unethical
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Enron was an energy company based in Huston‚ Texas. It was one of the innovative and also one of the seven largest company in the United States in 1990s. It had about 20‚000 employees at that time. The company was making profit from supplying natural gas and electricity until the late 1980s‚ but after that it expanded its operation to the trading of energy related financial products such as derivatives. Enron looked like a great company that makes a lot of profit however‚ in 2001‚ after the firm’s
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the United States and in the world since 1962 when founder Sam Walton created Wal-Mart. It has been the place where a lot of people usually do their shopping for the low prices and variety of products. This is why it is so controversial Wal-Mart continues to grow even with the accusations of unethical business practices. Wal-Mart has been accused of sexual discrimination and unfair pay for employees‚ and destruction of small towns‚ excessive amounts of corporate power through the government and how
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Impact of Unethical Behavior Article Potential acts leading to unethical practices and behavioral in accounting is evident. These acts are in violation of the Sarbares Oxley Act of 2002 (SOX). A recent article on the student website is reviewed to identify potential factors leading to unethical practices and behavior. The article analyzed is called “Becoming a More Relational Firm in the Post-Sarbans-Oxley Era”. As expressed by the article‚ the effects of SOX has been considered by companies
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Future. Azizah as my personal assistant came knocking on my white big door and turned my door knob gently. She knew I was having a diplomatic talk with the France Ambassador. She put my coffee on the table and glanced at me with her finger on her wristwatch symbolizes its time for another meeting. I stood up and shook hands with the big and tall Ambassador with an agreement that Malaysian students will give their full commitment of studies in France in Engineering‚ Culinary or Language. With his
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The Bush Doctrine: an unethical agenda in theory and practice @minr_boy Dr. Jonathan Marks Francesco Poggiani Philosophy 119 December 18‚ 2012 @minr_boy Dr. Jonathan Marks Philosophy 119 December 18‚ 2012 Research Paper: The Bush Doctrine: an unethical agenda in theory and practice The “Bush Doctrine” represents the foreign policy principles of the United States federal government under the administration of President George W. Bush. Although the phrase was never explicitly
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What contribution can you make to the learning environment? Every educational institution aims to provide a quality‚ effective and engaging learning experience for all its students. This aim has always been central to every institution’s objective to achieve a significant success. And in this learning experience‚ the learning environment is one of its critical components. Those superior-quality services to support learning depend on effective collaboration between the academic staff responsible
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Many people today think hunting is a cruel and unethical action. Hunting not only provides for families but it is in our history‚ but most importantly‚ it is conservation. It helps maintain healthy animal herds all over the world. Some of the greatest conservation achievements have occurred because of hunting. Hunting is not cruel‚ nor is it unethical‚ if done right hunting is great for all the critters that roam and call the earth their home. Without hunters habitat would get destroyed‚ populations
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I’ve always loved reading quotes‚ looking‚ searching for new ones and understanding what they’re telling me and how they can help me to become a better person. "A little progress each day adds up to big results." This quote grabbed my attention and helped me to understand how perseverance‚ even just a few minutes a day can lead you up to an advanced level. As little kids we all heard the story about The Tortoise and the Hare. They decided to have a competition which symbolizes life‚ the rabbit runs
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