What role did the CFO play in creating the problems that led to Enron’s financial problems? In order to prevent the losses from appearing on its financial statements, Enron used questionable accounting practices. To misrepresent its true financial condition, Andrew Fastow, the Enron’s CFO, takes his role involving unconsolidated partnerships and “special purpose entities”, which would later become known as the LJM partnership. Taking advantage from the SPEs’s main purpose, which provided the companies
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De La Salle University Ramon V. del Rosario College of Business Management and Organization Department Service Learning Proposal Form Section: GTA Group Members: Aduana, April (Apes) Chan, Kristin Leslie (Ten) Cheng, Kevin Jayson Torres, Kristine Anne L. (Tin) Organization/Agency: NA/ Aetas in Brgy. Camias Porac, Pampanga Contact Name: Dave Baalan Title: Share Literacy Program for Pampanga’s Aetas Community Telephone: 09292098431 Fax: N/A E-mail: N/A Website: http://karapatria
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of the politically correct term African American. Teresa’s grandmother was born in Africa, so she has still a lot of African influence within her family. When speaking with Teresa I asked her about different subjects that may be influenced by her culture such as family, friends, values, morals, communication, personality and the things that make her happy and stressed in life. When I spoke of values the first thing Teresa mentioned was religion. She let me know that in the Black community church
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Ethics in International Marketing Table of Content I. Introduction…………………………………………………………………………...3 | II. Meaning of Ethics in International Marketing………………………………………...3 | III. How is Ethics and Consumer Marketing related?.........................................................4 | IV. Expectations in terms of Ethical responsibilities from the Marketing Institutions…...5 | V. Types of Ethical Approaches……………………………………………………….....6 | VI. Ethical Issues in International
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over on the same ship, but we're all in the same boat." – Bernard Baruch, American financier and statesman. The Internet and modern technology have opened up new marketplaces that allow us to promote our businesses to new geographic locations and cultures. And given that it can now be as easy to work with people remotely as it is to work face-to-face, cross-cultural communication is increasingly the new norm. For those of us who are native English-speakers, it is fortunate that English seems to be
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countries that we use every day. This was especially true while I was on deployment. There were a lot of American owned business in the different countries I visited, and it made being away for such a long time a little better. 4. Identify some examples of how different organizations collaborate across boundaries. Banking is a good example of how an organization collaborates across boundaries. The company creates
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Summary Mattel, Inc is the world’s largest toy manufacturer product line includes such household names as Fisher-Price, Matchbox and of course Barbie dolls. The company was founded in 1945 and has grown remarkably since with global revenue approaching $6 billion per annum and counting on 31,000 employees to fulfill the toy needs of millions of children. Mattel began their initial Corporate Social Responsibility program when the idea was still in its infancy for many companies back in 1997; they released
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Notes Chapter 1 Business- any activity that provides goods and services in an effort to earn profit Not-for-profit organizations-focus on causes not profit • Focus on health, human services, education, art, religion, and culture • While focused on doing good rather than financial gain, non-profits are businesses in every other sense: they employ people, take in revenue, and produce goods and services Profit- the financial reward that comes from starting and running a business; the money that
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Based on the notion that weapons manufacturers, in addition to other ‘sin industries’ such as gambling, tobacco and alcohol, have unreasonably been excluded from corporate social responsibility (CSR) research, Halpern and Snider (2011) conduct a study on US defence firms’ CSR. In accordance with the overall academic view that industry’s CSR is a result of managers’ CSR orientation (Carroll and Shabana, 2010), they evaluate US managers’ views and find their orientations to be predominantly similar
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Table of Contents Question 1: 2 Question 2: 5 2.1: 5 2.2: 6 Question 3: 9 Question 4: 13 Bibliography 17 Question 1: The definition of ethics deserves more than just one sentence, as it is an ambiguous, complex and intangible subject that revolves around behavior towards society, the environment and the business world at large. It is a reflection of one’s personal values and behavior within the business environment and is concerned with what is right and what is wrong based on
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