number two long distance provider, in July of 2002 WorldCom file bankruptcy. This was the largest bankruptcy ever in U.S. history with a $41 billion dollar debt load, and more than $107 billion dollars in assets and equipment (Ramero and Atlas, 2002). Bernard John “Bernie” Ebbers the former CEO of WorldCom grew the company into one of the largest communications providers in the world. In light of his resignation from WorldCom in 2002 a Securities and Exchange Commission investigator found out that Ebbers
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en-route to global success, but failing at the proposed merger of Sprint. What lead to the lies and deception of WorldCom downfall? This paper will briefly discuss some of the possibilities and the outcome of WorldCom’s fall as well as that of its CEO, Bernard (Bernie) John Ebbers. Contributions of Leadership Bernie Ebbers, CEO of WorldCom, impressed the business world with the fast growth and acquisition of small and larger companies. WorldCom, in the late ‘90s, was the nation’s
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HRM582 – Managing Global Diversity The Nacirema Tribe The Nacirema tribe is a very interesting tribe that lives between Canada and Mexico in the continent of North America. These tribes have very interesting rituals involving their bodies and how to care for it. They see the human body as very ugly in its natural form and if left alone will eventually disease and can lead to the person dying. In an effort to mitigate this occurrence, they have developed very interesting rituals. I will primarily
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Competitive advantage at Louis Vuitton and Gucci Using the VRIO Framework, we can test resources for their ability to contribute to competitive advantage. | Valuable? | Rare? | Costly to imitate? | Organized? | Competitive implications | Notes | Brand | | | | | Sustainable competitive advantage | Crucial –sets one company apart from the other. | Designer | | | | | Sustainable competitive advantage | Crucial to have a well-known designer, with skills and creativity. | Range of
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(a junior auditor working with Cynthia Cooper) 5. Donna- Arthur Andersen 6. Brynner- David Myers (Controller) 7. Patrick- Bernard Ebbers (ex-CEO) 8. Ivy- The Government (SEC) 9. Ruby- Employee 3 Scene 1: INTERROGATION Setting: Interrogation room Individual frames on each interviewee (Scott, Cynthia, The Employees, Andersen, David Myers, Bernard Ebbers) Frame 1 (Interrogation of David Myers) Ivy: What was your involvement in the WorldCom accounting fraud? David Myers only smirks
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Good afternoon. Our team definitely agree that technology has improved and made life easier. Thanks to the technology, the speed of our transport is raised, along with our tempo of life, which results in a more complex life. Modern technology in transport, which enables us to cover long distances in a short period of time, is supposed to give us more time for ourselves ,whereas in truth, it fails at this mission. In fact, we are, ironically, suffering from the biggest scarcity of time owing to the
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Hayao Miyazaki Hayao Miyazaki is the chief, maker, movement furthermore storyteller, he additionally the pioneer of a standout amongst the most graters enlivened film studios on the planet that studio will be studio ghibli demonstrating the accomplishment with the movie Nausicaä of the Valley of the Wind, and its proceeded with achievement was completely subject to the movies that he composed and coordinated. The convincing characters, captivating plots furthermore a stunning activity that Hayao
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Dr. Susan Gunn’s Samples for Module 1 Case Assignment of ETH501 The following sample from student papers is meant to establish some guidelines on how to approach your essays. The first sample shows an excellent introduction to the first case. The student author provides his/her own approach and allows the reader to know what is going to be discussed. The second example simply uses a long quotation that is not properly formatted. It does not lead the reader into the critical ethical analysis that
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Psycho Psycho is a 60’s monochrome horror movie, directed by Alfred Hitchcock. In Psycho, the conversation between Marion and Norman showed an extremely important scene to both the plot and the themes of the movie. Norman Bales is a hero, and is not a normal guy who lives at home with his mother. He is tall and has dark hair, representing a mysterious man. Norma Bales is his mom (word ending with A means spiritual). Marion Crane is the heroin, an attractive young woman with blonde hair, who steals
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WORLDCOM CASE ANALYSIS The WorldCom case is another example of large corporation failures where individuals in the firm failed to act in a morally correct way. Bernard Ebbers, the CEO and Scott Sullivan, the CFO, of the corporation should have been aware of the accounting processes being used in his firm (and undoubtedly he was aware) and should have taken steps to prevent others test for ethics. Authur Anderson also missed opportunities where he could have disclosed the fraud. Cynthia Cooper and
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