Reaction Essay: The Corporation The documentary The Corporation‚ directed by Jennifer Abbott and Mark Achbar and produced in 2004‚ although bias‚ opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally‚ and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world’s dominant institution". The film opens
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part of the body‚ usually involves the torso‚ and is usually accompanied by a number of satellite nevi. Satellite nevi (or just satellites) are smaller melanocytic nevi (smaller birthmarks). When a child is born with a giant nevus‚ it is common for satellite nevi to be present at birth. It is also common for satellite nevi to appear after birth. Sometimes during diagnosis‚ doctors may use a large number of satellites to support their diagnosis of a large or giant congenital melanocytic nevus. Sometimes
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Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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John Rigas‚ the son of Greek immigrants‚ founded the company that would grow and become Adelphia Communications Corporation in Coudersport‚ Pennsylvania‚ when he purchased a $300 license to wire Coudersport for cable television services. In 1972‚ he and his brother‚ Gus‚ created Adelphia Communications Corporation. Adelphia is Greek for “Brothers”; this signifies their Greek heritage as a corporation run by brothers. Adelphia has always been a “family” business. Over the decades as the cable industry
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1.)Essentials of Committing Fraud: Position Equals Power The amount of money lost to an internal corporate fraud is most significantly influenced by the perpetrator’s position in the organization. When we look at various characteristics of those committing fraud‚ this makes sense‚ because access creates opportunity. Typically‚ the higher a person moves in a company‚ the greater access she or he is granted to information‚ assets‚ data‚ and people. That creates more opportunities to commit fraud
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XM Satellite Radio 1. Value proposition of XM to different consumer segments and primary target segment. XM had developed the capability to provide 50+ high quality (near CD quality) digital radio channels to cars and homes via satellite throughout the country. Such a service was not available before and has the ability to deliver uninterrupted service without any retuning needed. The value proposition here is high quality and ubiquitous radio broadcast‚ in addition to the variety of
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regions Adelphia covers. One officer in each of the following: Human Resource‚ Finance‚ Customer Care‚ Marketing‚ Programming‚ Media Services‚ Chief Accounting Officer‚ and Information Technology. Currently the top four officers for Adelphia Communications are as follows‚ Brad Sonnenberg‚ Executive VP of General Counsel and Secretary‚ Vanessa Wittman‚ Executive VP and Chief Financial Officer‚ Ron Cooper‚ President and Chief Operating Officer and William T. Schleyer who is the Chairman and CEO of
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Business Ethics The Corporation ‘The Corporation’ had a specific aim to portray the problems of not just one corporation‚ but corporations as a whole‚ as is evident from the beginning of the film as a multitude of big business logos flashed across the screen. The film proceeded to highlight the issues surrounding: globalization and consumerism‚ environmental pollution and disregard for the planet‚ unethical marketing‚ and dishonest media. Personally‚ I feel that I’m quite open-minded when it comes
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Adelphia Communications Scandal Adelphia Communications was the nation’s 6th largest cable company and became yet another corporation involved in a scandal that resulted in their downfall. Adelphia’s services included high speed cable internet service‚ cable TV service‚ and long distance phone service. Adelphia had more than five million subscribers to these services. The scandal consisted of the Rigas family‚ the family that founded the company‚ and two other executives fraudulently excluding over
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