Good afternoon everyone‚ today I would like to further elaborate on the topic of the Spanish American War as what my fellow panelist had discussed before. First of all‚ the Spanish American War was a major turning point in the history of both opposing countries (Spain and US). The war was short and inexpensive in human life and resources. Spain had lost its major power to the United States. They also had a disastrous direct impact which turned their view towards developing their domestic needs
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The WorldCom Accounting Scandal WorldCom was started in Mississippi as a long distance telephone service provider in 1983 (Lyke and Jickling‚ 2). Over the next decade and a half‚ the company expanded to offer a whole range of telecommunication services through a series of mergers and acquisitions (Lyke and Jickling‚ 2). At its height‚ WorldCom was the largest long distance phone company in the United States and was one of the leading companies in the telecommunication market in the world‚ providing
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The automobile is one of the most important inventions in our countries history. It has totally affected the American way of life. Four main areas it affected are other transportation‚ roadways‚ rural life‚ and urban life. Automobiles affected other ways of transportation. Horse-drawn transportation was almost completely replaced. Trains and trolleys lost rides as cars became more affordable and popular. Roadways were then created. More than 400‚000 miles of new road connected people and places
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chiefs to try and compromise a resolution to receive members of their tribe. Focusing mainly on weaker tribes‚ as it would be easier to find an agreement as those types of tribes are more willing to what they would offer. These examples are short term effects on the social factors.
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Enron Scandal Enron was able to successfully engage in fraudulent financial activities due to the failures of corporate governance practices in addition to other relevant factors. This paper will briefly cover some of these issues and offer suggestions for prevent similar future malpractice. External Corporate Governance The key external governance failures in the Enron Scandal involve oversights by regulators‚ creditors‚ auditors‚ and investors at large‚ with particular focus towards Enron’s ambiguous
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The Jerry Sandusky scandal involved his involvement with abusing young boys and men in 2010 (Crandall‚ Parnell‚ & Spillan‚ 2013). Since the trial and Sandusky’s conviction of 45 counts of child abuse in 2012‚ there has been more information about case. Since the 2012 trial‚ Sandusky requested for a new trial or for the dismissal of his charges‚ however‚ it was denied (Scolforo‚ 2017). Sandusky still says he is innocent and wrongly convicted. Joe Paterno‚ the Head Football Coach at Penn State during
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The accounting scandal at Enron which occurred early during the last decade involved the manipulation of accounting rules in order to enrich the company’s executive leadership. Hence‚ while accounting techniques facilitated the Enron scandal it is more of a tale that is related to the hubris of the firm’s top executives and their deep-seated greed. Evidence that hubris and greed was more of the driving force than the actual manipulation of accounting rules for the Enron scandal is evident in the
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Kung INDIVIDUAL REPORT National Branding and Corporate Scandals [pic][pic] [pic] [pic] By George MANG Student Number: 53002615 City University of Hong Kong Year 2012 Table of Contents 1. Introduction…………………………………………………………………… 3 2. China National Brand Building and “Soft Power”………………………..... 4 3. From Manufacturing Factory to Research and Development Centre……... 5 4. China’s Counterfeit Merchandise and Food Scandals……………………… 6 5. China’s Financial Markets Bottleneck………………………………………
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Is societies violence the media’s fault? This is the question that has been asked since before television was in every American’s house. Of course there are the different types of media today ranging from newspapers‚ to on-line reports and stories. There have been arguments upon arguments about this issue‚ and over 3‚000 studies conducted. Unfortunately there isn’t one single result‚ there is only an array of supposed answers to this undying question. CBS president‚ Howard Stringer is pointing to
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to the trading of energy related financial products such as derivatives. Enron looked like a great company that makes a lot of profit however‚ in 2001‚ after the firm’s accounting fraud went public‚ the company filed for bankruptcy. After Enron Scandal‚ in 2002‚ the Sarbanes-Oxley Act was passed to prevent potential financial fraud. This act regulate the accounting standard and especially its transparency‚ as follows. • All companies must have a majority of independent directors. • Independent
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