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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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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ETHICS IN JAPANESE BUSINESS ENVIRONMENT Romanian Economic and Business Review – Vol. 2, No. 2 Caraiani Gheorghe, Maduţa Gyongyver Gheorghe Caraiani is Professor of International Business at the Romanian American University in Bucharest. Maduta Gyongyver is Assistant Professor of English Language at the Romanian American University in Bucharest. Abstract At first sight it is easy to understand that “ethics in business” is a field which aims at explaining problems of moral aspect which come
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Viewpoints of Business Ethics - Introduction The purpose of this short paper is to compare and contrast three different peer-reviewed journal articles and one online periodical. First, the paper provides a brief introduction of the four articles. Second, the paper compares and contrasts the four articles. Finally, the author presents his views on the topic of social responsibility and business ethics before concluding the paper. Four Articles All four articles center their focus on business ethics. Of the
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Ethics in Business BUSN310 1302A 03 International Legal and Ethical Issues in Business Eric Baime May 5, 2013 How would you effectively present the issue of potentially defective products to the CEO, other directors, and managers? In effectively presenting issues of potentially defective products to the CEO, directors, and manager, it would be necessary to have data supporting the negative pattern of growth for each product. Further, showing evidence to support the hazards to the consumer
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Ethics Paper FIN 310 Due: December 18, 2013. Please locate one news story, dated on or after September 1, 2013, having to do with business ethics as they may apply to finance professionals. Attach the story and discuss it more-or-less along the following lines: If it describes a problem, propose your own solution. If it proposes a solution, critique it. If it describes a situation as non-problematic and therefore requiring no solution, state whether or not you agree, and why. Your analysis
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Reporting Practices and Ethics Tiffany L. Richardson HCS 405 July 18, 2011 Todd Brown Reporting Practices and Ethics Financial Management is a fundamental part to successful healthcare financial planning. Financial decisions are a necessary part of the day to day operations of any type or sized health care facility. These decisions are made in accordance with the facilities fiscal objectives and accounting practices. It is important that the individuals making these decisions follow proper
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guidance the report would have not been possible. I would also like to thanks Mr. Hassan Ameen, the owner of Cherry International in co-coordinating with us. Introduction [pic] Cherry International was established in 1978 in Karachi to produce yarn, all for export to Japan, Europe and United States of America. Yarn was exported to the Far East. In 1981, Cherry International began to produce poly cottons and poly viscose for the local market. From 1983-1991, it catered to the domestic market
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For the modern business ethics are a priori questions of corporate social responsibility. Opinion that the financial well-being of the least compels her to ethical behavior, is fundamentally wrong, the very life and business practice postulated the following statement: "Good ethics is good business." Otherwise, a negative reaction on the part of customers and partners will inevitably lead to a significant reduction in the profitability of the company, and widely disseminated by the media unsavory
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Addressing International Legal and Ethical Issues Paper De’Shawn Shinette, Sr. University of Phoenix BUS 415: Business Law James Zaccaria March 16, 2008 Introduction Any solid relationship should begin with a period of introduction, or courtship. The same can be said when a global negotiation venture with a prospective foreign nation business partner has started. The need to know about the culture, background, structure, and goals of the parties involved is important (Negotiation Leadership
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