Amistad is a 1997 American historical drama film based on the true story of the mutiny that occurred aboard La Amistad (Spanish for “friendship”) in 1839. The ship is traveling from Cuba to the United States and has a cargo of Africans captured in Sierra Leone and held at the Lomboko slave fortress. It begins with Cinqué‚ a Mende tribe leader‚ freeing himself‚ leading to the massacre of the entire crew‚ save the two Spanish navigators. Instead of sailing the Africans back to Sierra Leone‚ the cunning
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Failure is a step towards success‚ a motivator for the entrepreneurs to do better for their business. In operating a business‚ failure is not a must for the entrepreneurs but is a need for them to learn from it. It is not easy for the entrepreneurs to operate a business without facing any problems or mistakes but they need to contemplate for all the possibilities. Walter Elias Disney‚ an American entrepreneur‚ creator of The Walt Disney Company‚ the best-known motion-picture production companies
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Case Study: Enron Corporation Accounting Scandal 1. What is Enron Scandal? Formed in 1985 from a merger of Houston Natural Gas and Internorth‚ Enron Corp. was the first nationwide natural gas pipeline network. Over time‚ the firm’s business focus shifted from the regulated transportation of natural gas to unregulated energy trading markets. The guiding principle seems to have been that there was more money to be made in buying and selling financial contracts linked to the value of energy
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The Enron and World Com Scandals Enron 1. The board directors failed their fiduciary obligation to protect their shareholders‚ employees‚ and business partners by allowing high risk accounting‚ inappropriate conflict of interest‚ expenses undisclosed off the books activity‚ excessive compensation‚ and lack of independence between the company‚ and board members. I feel the segment that got Enron into trouble was the Executive and finance committee (Brooks). 3. I do believe that they
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AFM 201 – Part 1 Auditing Fall 2007 Group Assignment 2 Publicized Cases of Alleged Audit Failures Involving Large Public Companies 1) Ten Publicized Audit Failures i. Parmalat (2003) - Deloitte & Touche Tohmatsu /Grant Thornton Misleading investors with “Brazen Fraud” was what the United States (US) Securities and Exchange Commission (SEC) had sued Parmalat for in 2003. It all began when Parmalat defaulted on a bond payment worth $185 million. This raised a flag for auditors and banks
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The Pragmatic Failure in Intercultural Communication between China and Western Countries Student Number:26031 Submitted in partial fulfilment of the requirement of the LSI Pre-Sessional course Submitted on 26th August 2014 Teacher’s name:Jackie Parr Abstract Pragmatic failure means the inability to understand what is meant by what is said. It means a breakdown of intercultural communication
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Failure Understand It HBR.ORG Amy C. Edmondson is the Novartis Professor of Leadership and Management and co-head of the Technology and Operations Management unit at Harvard Business School. We are programmed at an early age to think that failure is bad. That belief prevents organizations from effectively learning from their missteps. by Amy C. Edmondson ILLUSTRATION: GUY BILLOUT T THE WISDOM OF LEARNING from failure is incontrovertible. Yet organizations that do it well are extraordinarily
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Data Warehousing Failures Eight studies of data warehousing failures are presented. They were written based on interviews with people who were associated with the projects. The extent of the failure varies with the organization‚ but in all cases‚ the project was at least a disappointment. Read the cases and prepare a one or two page discussion of the following: 1. What’s the scope of what can be considered a data warehousing failure? Discuss. 2. What generalizations apply across
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Enron Corporation and Andersen‚ LLP Accounting Fraud and Auditor Legal Liability 1 - What were the business risks Enron faced‚ and how did those risks increase the likelihood of material misstatements in Enron’s financial statements? The business risks that Enron faced included foreign currency risks and price instability‚ which is common for the energy industry. In addition‚ Enron faced pressure to perform well so that the stock price would rise. These risks increased
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“There is no success like failure” What is your view on the idea that success can begin with failure? I think it is even better when somebody starts something and it commences with failure‚ because lack of success makes us stronger‚ more confident‚ assiduous and intrepid people. Learning the lesson taught by failure is a sure route to success. We can find various examples that show how success can arise from failure. Google Inc.‚ the a popular Internet search engine‚ which has suffered
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