Case Analysis Summary of the case Tangled Webs, begins with the description of the company of Ashley Madison, who strives to provide” a social networking site that connects people seeking extra marital affairs.” This site however led to the chance encounter between James E. Gansman, as successful M&A attorney, and Donna Murdoch, a successful investment broker. This relationship soon went past initial flirting, to where both parties became complicit in sharing of nonpublic information (insider
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unethical and fraudulent business practices getting uncovered. Few companies’ such as Tyco, Enron, Arthur Anderson, and WorldCom have made their name synonymous with corporate fraud. Unethical behavior of top executives like Bernard Madoff and Martha Stewart can sink the whole company. This paper will explain the role of ethics and social responsibility when developing a strategic plan. In this paper I will also discuss how my ethical responsibility has changed during MBA program. Ethics in Strategic
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It is sometimes said ethics can’t be taught it is the belief that one’s ethics are fully formed and unchangeable by the time one is old enough to enter college or a job. However, moral psychology research has found that this is definitely not the case. People who have
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success 3. To generate consumer loyalty 4. To appropriately position the company in the retailing business industry 5. To be able to address competition 6. To make SHC a profitable company in the long term 7. To build a broader customer base IV. Case Facts and Analysis The merger of Kmart and Sears in late 2004 occurred to gain competitive advantage over its competitors by combining strengths of Sears and Kmart for the long-term value for SHC. This merger will benefit both companies in an ever
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highly publicized scandals in the business world such as the Martha Stewart insider trading debacle, the WorldCom profit inflation situation and the Enron bankruptcy scandal, Institutions of Higher Education have increased their emphasis on ethics in their curricula in an effort to produce a qualified and ethical workforce. Students are now exposed to a curriculum that focuses intently on the study of ethical decision making models and case studies. Universities and Institutions of Higher Education
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Unraveling the Details of 10 High-Profile Accounting Scandals written by: ciel s cantoria • edited by: Linda Richter • updated: 12/30/2010 Before digging into the dirty details of each of these major accounting scandals, we’ll take a look at some of the tools that were used to first detect them – including sophisticated accounting systems and advancements in high-tech communication. Technology Fighting Against White Collar Fraud Looking back at the 10 major accounting scandals that changed the
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The University of Illinois Executive MBA Case Summaries Accy 401, EMBA; Fall 2000 Accounting courses are usually separated into five general categories. Two, taxes and auditing, are usually quite technical and often focus on CPA preparation. The other three categories are more general: 1. Financial accounting deals almost strictly with financial statement preparation. It focuses on pronouncements issued by the Financial Accounting Standards Board (FASB) and the SEC, and on
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History of Abortion Abortion has been a hot topic since I can remember. I became more interested in the subject lately with the passing of a bill saying, once a fetal heartbeat is detected, abortion cannot be performed. The other night my friend and I were discussing abortion and whether it was right or wrong. We both said it was not right however, he said it wasn’t right under any circumstances while I on the other hand believe that abortion is not a black and white decision; like every other
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deception and/or trickery, typically committed by a business person, public official, or someone of high stature, trust, or authority. Evidence in a white collar crime usually involves a paper trail of evidence that investigators use to prosecute the case. Although this definition may be true, it is hotly contested within the community of experts that try to define “White-Collar Crime”. Many experts feel there are three main characteristics that categorize a white-collar criminal. Some experts believe
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NO ONE IS IMMUNE Identity Theft Gabriela Medina Post University Credit card fraud is identity theft in its most simple and common form. It can be accomplished through various scenarios. An example of one can happen when your pre-approved credit card offers fall into the wrong hands. All a person has to do is get these out of your mailbox (or trash can) and mail them in with a change of address request and start spending. Someone can even apply for a credit card in your name if they
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