1. What were the business risks Enron faced, and how did those risks increase the likelihood of material misstatements in Enron's financial statements? When Enron diversified beyond its pipeline business to become a trader in natural gas its business risks increased. It could make a loss. Further, it became a financial trader and a market maker in electric power, coal, steel, water and broadband fiber optic cable capacity, and paper and pulp. Each of these diversifications brought with it a
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The major elements and dimensions of culture in the UAE The elements and dimensions of culture include communication (language), religion, ethics, values and attitudes, manners, customs, and social structures and organizations. The understanding of these principles, relative to culture, is imperative to the success of international businesses, marketing scholars, and practitioners alike. Within this insight lies approved goals and objectives to meet the needs of merchants and consumers internationally
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Business Ethics across Cultures Article Review XMGT/216 3/24/13 Jennifer Moore Globalization is a process which has taken place since the first traders and merchants began visiting other countries to bring food and goods back for sharing with their country. Countries take pride in sharing their culture and perspectives with any person whom enters their country. In today's economy we have the Internet, and the use of digital information to help focus on globalization. The updated technology
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Primark and Ethical Business Introduction Primark the leading clothing retailer Rapid changes in media, transport and communications technology have made the world economy more interconnected now than in any previous period of history. Nowhere is this more evident than in the world of textile manufacture and clothing distribution. Consumers want fashionable clothes at affordable prices. Much of high street fashion is produced in various countries across the world. Businesses source clothes
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Vincent. "Ethics In Accounting." International Journal of Business and Social Science. 2.10 (2011): n. page. Web. 6 Apr. 2013. . Purpose of Reading: My purpose of reading was to find out more about what comes into play in the accounting world ethics wise. I wondered if they used moral principles or if accountants are more strictly business without thinking ethically. Title: Ethics In Accounting Author: Vincent N Onyebuchi Qualified Because: He has written for the International Journal of
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Ethics and Social Responsibility Andrea Clark MGT 498 May 15, 2012 Thomas Moore Ethics and Social Responsibility “The concept of social responsibility proposes that a private corporation has responsibilities to society that extend beyond making a profit.” (Wheelen & Hunger, 2010 p.72) Social responsibility considers the customers, employees, shareholders, communities, interests and social- environmental consequences of their business activities. A strategic approach, companies can
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discussion that addresses the ethical dilemmas that face multinational companies. Pay particular attention to the problem of different standards for business practice. Cite your sources using proper APA style. Respond to at least two of your classmates' postings. Multinational companies face ethical dilemmas magnified by the international context. Multinational companies operate across many countries; each country has its own culture and laws, and their own diverse social norms and ethical
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head: ethics in business Ethics in Business Arline Moberg September 03, 2010 MGM365-1003B-01 Phase 2 (IP): Ethics in Business Colorado Technical University Online Professor Piermatteo Introduction Principles, morals, beliefs, moral principles, moral values, moral codes are all synonyms for “ethics.” Encarta Dictionary: English (North America) defines ethics as a system of moral principles governing the appropriate conduct for a person or group. On page 118 of Pearson Custom Business Resources:
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Kemal Cankaya Strayer University Law, Ethics, and Corporate Governance Prof. Augustine S Weekly December 15, 2013 1. Research three to five (3-5) ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety. With the globalization in world economy, business ethics became indispensable neces- sity for companies. Business to business ethics of appropriate behaviors in the long term success of businesses in a
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Business Analysis of the Under Armour Brand Business Analysis FOR Dr. Kimberly Carter Business 508: Contemporary Business October 25, 2015 Strayer University . Abstract This paper aims to analyze three factors impacting the overall performance of Under Armour. Kevin Plank, a former University of Maryland football player, started the company in 1996 with an innovative idea to provide premium sports apparel to Under Armour’s customers. Factors such as ethical standards
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