Assessment Tool 2 (AT2): Written/Oral Questions 1. When allocating work‚ what things should be taken into consideration When allocating work‚ you need to ensure that it is goal and target orientated. The manager and employee need to set realistic goals that are achievable and also have time frames attached. It is imperative to ensure that your staff members possess the necessary skills and have undertaken suitable developmental activities to complete the work given. On occasion‚ the lack of
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2. History 3 a. Formation 3 b. Operations 3 c. The Success 4 d. All that glitters is not gold 4 e. The Fraud 4 3. Products 5 4. Enron Scandal – The Company Fraud 8 f. What Happed? 8 5. Techniques used in the Company Fraud 9 g. Revenue Recognition 9 h. Mark-to-market accounting 9 i. Special Purpose Entities 10 j. Executive Compensation
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1. Adsteam Adonist@gmx.de‚ quigonjinn@hotmail.de was a very model of conglomerate(jujie). In the eyes of the outside‚ it was a successful company. But it’s not true. It’s far from other companies in its complex structure. Adsteam group comprised numerous less-than-majority-owned companies. It acquired major share-holdings in numerous companies throughout the 1980’s. The acquisition strategy resulted in an extremely complicated cross-shareholding-based structure. It was noting that the maximum amount
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Enron: The Smartest Guys in the Room Importance of Accounting Accounting is important because it manages the checkbooks of company which are important to analyses and determine the success of the business by looking through the different account statements and translating the company documents. An accountant or accounting firm starts and maintains auditing of a company. Accounting is also important because it offers a great assistance in planning the future investments as well as being able
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English 098 Tiffany Philpot Ten years from now…… When you say ten years from now‚ there’s a few things that come to mind. My plans and goals in life are very basic. We all know when growing up that we all wanted that fairy tale ending with the house‚ car‚ kids‚ and the dog. Ten years from now I plan to be raising my children‚ coming out of college with several degrees‚ and being happy. Having a large family was something I always wanted. Now‚ I only have one child and she means the everything
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References: Ansoff‚ I. (1965)‚ corporate Strategy‚ McGraw-Hill‚ New York. Annual Report 2011 Barney‚ J.B.‚ (1986a)‚ Strategic Factor Markets: Expectations‚ Luck and Business Strategy. Management Science; 32‚ (10)‚ pp. 1231–1241. Barney‚ J.B.‚ (1986b)‚ Organizational Culture: Can It be
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Child Policy for the Future China Whether It’s Still Favorable to be Implemented (Based on The Advantages and Disadvantages) By Chemilia Gemilang Bekti International Business Student of Southeast University‚ Nanjing‚ China 1. Overview The family planning was introduced around 1980 to rein in China’s surging population by encouraging late marriages and pregnancies‚ as well as limiting most urban couples to one child most rural places couple to two children. The one child policy family
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REACTION PAPER – THE ENRON SCANDAL FACTS OF THE CASE Enron Corporation was formed in 1985‚ led by Kenneth Lay‚ as a result from the merger of Houston Natural Gas and Internorth that specializes in natural gases and commodities. In 1990‚ the company hires Jeffrey Skilling to lead the trading of commodities under deregulated market and Andrew Fastow later that year (USA Today‚ 2002). Deregulation of the energy markets allowed companies to place bets on future prices‚ and Enron was poised to take
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Life’s one certainty is its pure uncertainty. As scripture reminds‚ “we do not know what will happen tomorrow”. Sadly the fulfillment of our dreams can sometimes turn into nightmares. This reminds us not only the uncertainty of life‚ but also the need to align our desires with God’s will. In the next 5 years‚ it’s difficult to envision such an existence and future. I will give my very best to achieve those dreams of mine. It is a human nature to desire for something beyond ourselves. I may not
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ENRON Introduction Enron was the country’s largest trader and marketer for electric and natural gas energy. Its core business was buying energy at a negotiated price and later‚ selling the energy when prices increased. As an energy broker‚ Enron provided a service by allowing producers to negotiate a certain price while Enron took the risk that prices would fall below what it bought energy. Buyers of energy also benefited because Enron could ensure the supply of energy. In 2000 Enron was listed
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