The effects of Internal/External Factors on WorldCom Learning Team A MGT330 November 9‚ 2010 The Effects of Internal/External Factors on WorldCom Over the years the world has seen many corporate disasters pertaining to management. One of these disasters has been the rise and fall of WorldCom. From the beginning of WorldCom in 1983 as an obscure long distance company‚ the world watched as the company executed an aggressive
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does the word Whistleblower mean (legally speaking)? Give an example of whistleblowing. Answer: Whistleblowing is the act of providing information to law enforcement or regulatory agencies about a business that is engaged in suspected illegal or improper activities (El‚ 2013). Employees may also notify management about a co-worker’s unlawful activities. To protect the public interest and encourage employees’ disclosure of illegal or unethical activities‚ Congress passed the Whistleblower Protection
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Introduction WorldCom‚ the telecommunications giant‚ once was the largest telecommunications company in the world‚ with more than $30 billion annual revenue‚ $104 billion in assets and more than 20 million customers. John Sidgmore (2002)‚ Ebbers’ successor after the scandal‚ said “WorldCom is a key component of our nation’s economy and communications infrastructure.” However‚ the giant collapsed in 2002. 1. The Main Issue: Earnings Management 1.1 Definition of Earnings Management A commonly acknowledged
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such as: Accounting Irregularities at WorldCom and Arthur Andersen…No More: What Went Wrong? (Business Ethics 4th Ed: Cases 5 & 6 pg.101-109)‚ both clearly present various moral and ethical problems that arise that are real life business scenarios as well as question the impact of certain ‘special’ duties/obligations that apply to particular individuals and employees who choose to engage in these activities in the organization leading to their downfall. The WorldCom case and scandal occurred because
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LALALALALALLALALALLALA Story-story” is a circle game for all ages. The group of performers sit and a moderator (us) stands in the middle and provides a setting for the story. Then we point to a person in the circle and they begin telling a story (says 2 sentences). After the first storyteller has described the beginning of the story‚ the moderator points to another person‚ the story continues on; the new person picks up from the last word and tries to continue the narrative. Every performer should
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DIRECTOR’S RESPONSIBILITIES Is Legislation in Malaysia sufficient post Enron & Worldcomm? Abstract Directors being pillars of corporate governance (Cowan‚ 2004) should at all times act honestly and use reasonable diligence in the discharge of their duties. This is more so in light of recent major corporate issues like ENRON & Worldcomm in the United States and the Transmile case in Malaysia. In essence directors are agents of the company and as agents‚ they owe a duty of trust to the company
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Badheka‚Gijubhai ( 1885 -1939 ) Girijashanker Badheka‚ generally known as Gijubhai‚ the most outstanding personality in the field of pre-primary education‚ was born to Bhagwanji and Sm. Kashiba of Vala in Saurashtra at Chittal 9Saurashtra) in the house of his maternal grandfather on 15 November 1885. He had his early education at a primary school at Vala and later passed the Matriculation from Bhavnagar around 1905. He joined the Shamlals College‚ but had to leave his studies incomplete and
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The Storyteller (Saki) by H. H. Munro (Saki) (1870-1916) Word Count: 2109 It was a hot afternoon‚ and the railway carriage was correspondingly sultry‚ and the next stop was at Templecombe‚ nearly an hour ahead. The occupants of the carriage were a small girl‚ and a smaller girl‚ and a small boy. An aunt belonging to the children occupied one corner seat‚ and the further corner seat on the opposite side was occupied by a bachelor who was a stranger to their party‚ but the small girls and the small
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HOW TO TELL A STORY (A) From an instant to eternity‚ from the intracranial to the intergalactic‚ the life story of each and every character offers encyclopedic possibilities. The mark of a master is to select only a few moments but give us a lifetime. —Robert McKee1 Stories are all around us. Stories move us‚ make us feel alive‚ inspire us to be more than we would be otherwise. As famed screenwriting coach and author of the screenwriting bible‚ Story‚ McKee says: “Story is not only our
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In this very short story‚ Alice Walker tells of a young‚ African American girl who‚ while gathering flowers‚ stumbles quite literally upon the body of a dead man. The atmosphere‚ language and subject matter of the story suggest the southern United States as a setting-sometime in the mid- to late-20th century seems an appropriate time period‚ though this is far less clear. The contrast between the story’s beginning and end is striking. We begin with a light-hearted description of the life of Myop
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