[1] What business was WorldCom in? WorldCom was in the business of telecommunications. Where was WorldCom located? WorldCom was located in Clinton‚ Mississippi. Who was the CEO? The CEO was Bernie Ebbers. Who was the CFO? The CFO was Scott Sullivan. What are the names of the two members of the internal audit staff who worked with Cynthia on their secret investigation? Gene Morse and Glyn Smith What made the internal auditors think that possibly there was a need to investigate WorldCom’s
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it recommended unnecessary repairs to customers in its automobile service business; Standard Chartered Bank was banned from trading on the Hong Kong stock market after being implicated in an improper share support scheme. The list goes on. In each case‚ employees broke through existing control mechanisms and jeopardized the franchise of the business. The cost to the companies- in damaged reputations‚ fines‚ business losses‚ missed opportunities‚ and diversion of management attention to deal with
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FAR600 CASE STUDY WORLDCOM QUESTION 1 a) Discuss the earnings management technique employed by the management of World Com. WorldCom admitted that the company had classified over $3.8 billion in payments for line costs as capital expenditures rather than current expenses. Line costs are what WorldCom pays other companies for using their communications networks; they consist principally of access fees and transport charges for messages for WorldCom customers. Reportedly‚ $3
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EXECUTIVE SUMMARY To meet the requirement of the course outline as well as to comprehend the application of the theoretical knowledge in the practical fields‚ the internship report on Recruitment and Selection Process of National Bank Limited (NBL) has been conducted. The main focus of the study is to analyze the recruitment and Selection Process of National Bank Limited‚ to identify the strengths and weaknesses of existing Recruitment and selection Process and suggest some measures for bringing
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affected by anyone‚ even though making false accounting entries was Mr. Sullivan’s behest. Despite other factors‚ as a financial controller‚ integrity should plays as one of the most vital roles under any circumstance when making decisions. In this case‚ I think the real motivation that Myers agreed to improperly reclassify some huge expenses was that he believed the company’s problem would be straightened out eventually. Thus‚ he thought their manipulation on company’s income statement could help
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Marketing Plan: Adidas AG Taylor Fjeldheim Principles of Marketing Executive Summary Adidas AG sells sports shoes‚ apparel‚ and equipment in 170 different countries. There focus lies in football‚ soccer‚ basketball‚ running‚ training gear‚ golf‚ and apparel. This is a two billion dollar industry and with Adidas being a main cog. They also specialize in lifestyle goods including SLVR and Y-3 fashion brands. They have trademarked their three-striped logo that has become a
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tools required to act ethically. When an individual is asked to do something that they may even suspect would be detrimental to their livelihood‚ then they have all the rights given to them to not follow through with that action. In the case of Betty Vinson of WorldCom‚ while she had the clear understanding that her actions were wrong‚ she clearly kept personal financial safety ahead of her moral and ethical standards. This eventually translated into an even more detrimental result‚ which was jail time
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VI. Marketing Plan Our marketing plan‚ included below‚ details our products and/or services‚ pricing and promotions plans. After a company wide effort to extract the information needed to produce a quality marketing plan for Dyna-Tex. Summary Dyna-Tex develops computer for a wide range of potential customers. This marketing plan illustrates our market segments and the strategies we are employing to get customers and create a solid revenue stream. Our unique focus of creating computers
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CHAPTER (1) EXECUTIVE SUMMARY I‚ Chetan Solanki felt privileged to be a part of L J institute of management studies‚ Ahmedabad. I did my summer internship training in PepsiCo Holdings India Limited a FMCG sector company. My project title is “Analyses of success of Retail Initiator in Baroda city and Suggestion on Go forwards”. The project basic objective is to analyze the program which has been introduced in march-2010 the duration of the program is of 8 month till october-2010. Name of the program
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for the Tata Group and give our recommendations. The information used is based on the case study ‘House of Tata: Acquiring a Global Footprint’ (Khanna‚ Palepu‚ Bullock‚ 2009) and the methods of analysis included are SWOT‚ PESTLE‚ the strategy clock‚ five forces analysis‚ Anstoff’s matrix and financial analysis. All financial tables and graphs can be found in the presentation slides and the appendices of the case study. The presentation draws attention to the roles of the Tata Group Center such as:
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