DIRECTOR’S RESPONSIBILITIES Is Legislation in Malaysia sufficient post Enron & Worldcomm? Abstract Directors being pillars of corporate governance (Cowan‚ 2004) should at all times act honestly and use reasonable diligence in the discharge of their duties. This is more so in light of recent major corporate issues like ENRON & Worldcomm in the United States and the Transmile case in Malaysia. In essence directors are agents of the company and as agents‚ they owe a duty of trust to the company
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1. What problems did Enron encountered? Many went sour in the early months of 2001 as Enron’s stock price and debt rating imploded because of loss of investor and creditor trust Methods the company used to disclose (or creatively obscure) it’s complicated financial dealings were erroneous and‚ in the view of some‚ downright deceptive The company’s lack of transparency in reporting its financial affairs‚ followed by financial restatements disclosing billions of dollars of omitted liabilities and
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A REPORT ON ANALYSIS OF HCL TECHNOLOGIES SUBMITTED TO SUBMITTED BY Mr. VIVEK BAJPAI PURNANSH GUPTA Mr. MAYANK DHAUNDIYAL COURSE: PGDM-M
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Walmart Supply Chain Controversy August 29‚ 2005 Hurricane Katrina hit the Louisiana coast and Wal-Mart was one of the main sources of aid of this disaster. Their efforts included personally helping their associates with the disaster relief‚ setting up and re-opening he affected stores as soon as possible‚ and even worked hand in hand with government relief agencies. Their trucks were the first to arrive with emergency relief supplies. This was a great act that helped Wal-Mart in the short and long
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DOI: 4/1/2004. The patient is a 70 -year-old male operator who sustained a work-related injury to his right knee‚ shoulder and head when he fell off a bike at the refinery. As per medical report dated 6/6/16‚ the patient continues to take one tablet of Xanax 0.5 mg at nighttime. He notes that he gets anxieties during the day and nighttime. He continues to be forgetful and he reports trouble understating some information. He uses continuous positive airway pressure (CPAP) unit regularly at night
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Chosen situation iii): Annik is a 12 year old girl with autism who is severely visually impaired. You are teaching Annik to brush her hair. How might you prompt this and how might you fade the prompts? I am assuming Annik from the above situation hasn’t had any experience in brushing her hair and that she is right handed. Prompting is used to increase the probability of individual’s chances of doing certain behaviour at the appropriate time and in the right situation. The several methods of
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Year 12 results forced the I Guccermes management to seriously take the notice of company performance that is not doing well. After a long discussion among I Guccermes company co-managers‚ I concluded that we should reevaluate the company strategy and offer higher quality products and lower the price a little bit. I believe this strategy can lead to the increase of market shares. In order to achieve maximum profit and top position in footwear market‚ I think we also need considered about the private
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Due to the previous product design‚ the top competitors had a product design system that required the purchase of multiple products. The Koehler product‚ DTV prompt‚ had a total product cost of over $994‚ which includes the thermostat valve and user interface (“Kohler Bathroom”). Moen’s top digital shower product‚ ioDigital‚ costs a total of $815 (“Moen IoDigital”). The Rainbrain by Hansgrohe costs upwards of $4000‚ overpriced compared to the other two (“Hansgrohe”). Although skewed with the addition
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On the subject of discount rate‚ AT&T uses a discount rate of 5.00% as of December 31‚ 2013. It is the rate used in order to estimate the targeted benefit obligations that must be paid among “participants.” The discount rate used by AT&T is based on some aspects‚ such as a “yield curve” of rates of return of high quality corporate bonds. In fact‚ as of December 31‚ 2013 the discount rate of 5.00% has actually been applied with a .70% increase. This resulted to a decrease on the pension plan benefit
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Nike Nike was founded in 1964 by Philip Knight and Bill Bowerman. They started to design shoes that were lighter‚ better padded‚ and featured waffle like patterns in their rubber sole. At first not much commercial success. After that they started importing low cost‚ high quality running shoes out of Asian countries. A deal was made with Onitsuka to import these hoes to the US‚ there were sold under the brand name ‘Blue Ribbon Shoes’ (BRS). Their initial shipment were only 200 shoes. By 1964 BRS
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