In 1998‚ Betty Vinson was promoted to a senior manager in the firm’s corporate accounting division. Two years later in her position she experienced a major ethical dilemma. The company WorldCom was a very successful company up until the middle of 2000 when the telecommunication industry entered a protracted slump. The company’s earnings were not Wall Street expectations‚ and it was saddled with unpaid bills. Vinson’s job was to repair the problem by doing some wrong accounting practices. The ethical
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Wan-Ting Shao * Ananya Chandra * Niteesh Chinta * Shraddha Rane * Swathi Punreddy The Rise and fall of WorldCom This case study WorldCom is a telecommunications company which was led by CEO‚ Bernard Ebbers‚ and CFO‚ Scott Sullivan. In 1999‚ WorldCom was not meeting Wall Street’s revenue and earnings expectations‚ and it appeared that the coming year would produce more bad news. The CFO argued for setting realistic targets.
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“Shells” by Cynthia Rylant is a realistic fiction about a boy who had his parents die and he had to go live with his cranky Aunt Esther. In the beginning Michael goes to live with his Aunt after his parents die and they cant get along. Soon after Michael still refuses to open up to his Aunt. In the end Michael feels like he’s at home a new and slightly different home. This story shows that Michael changed throughout the story. One way Michael hates his Aunt he well plain out says it in the beginning
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Case Study Coopers Creek and the New Zealand wine industry Heather Wilson and Maureen Benson-Rea This case describes the growth of a medium-sized New Zealand winery – Coopers Creek. It is concerned with the changing collaborative arrangements employed by Coopers Creek to service domestic and international markets since its inception. These changes are set against the background of a small‚ rapidly internationalising industry within a global market environment. Readers are encouraged to analyse
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Lesson 1. Aim: What are Cynthia Rylant’s books about? Objective: Students will be able to create the list of the favorite topics and select their favorite books to read. Lesson 2. Aim: What messages do we discover in Cynthia Rylant’s books? Objective: Students will be able to write an introductory about one of C. Rylant’s book they choose focusing on her messages. Lesson 3. Aim: How are Cynthia Rylant’s books different from each other? Objective: Students will be able to compare and contrast
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CASE 3: COOPERS BREWERY Analyze the Australian brewing industry. What characterizes this industry? To analyze the competitive structure of this industry‚ we can apply Porter’s Five Forces. This model of industry analysis uncovers the following aspects of the Australian brewing industry: Threat of new entrants: The Trade Practice Act of 1974 lead to national consolidation and a focus on economy of scale. This created an advantage for high volume firms already competing in the industry
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What are the concerns and what are the bargaining positions of each group of Nicholson stockholders? What must Cooper offer each group in order to acquire its shares? Introduction : Nicholson File Company was faced with poor sales and low profit performances conservative accounting policies and a very low percent of outstanding stick which was held by the Nicholson family. the management was also functioning badly .The family had no interest in joining forces with people from outside and the
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Cooper Green Hospital and the Community Care Plan Cooper Green Hospital and the Community Care Plan HSA 599 Dr. Hunter April 28‚ 2013 Cooper Green Hospital and the Community Care Plan 1 The following paper will explore and discuss six (6) unique problems associated with delivering health care to an indigent population. This paper will discuss the five (5) ways that the Community Care Plan will improve the health status of the community. This paper will
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Assignment # 3 WorldCom Accounting Fraud By Mark A. Cowan Strayer University ACC 499- Accounting Capstone May 15‚ 2011 The purpose of this paper is to discuss the aspects of the WorldCom accounting scandal and the effects that this scandal had on the accounting world as we know it. We will discuss the corporate culture at WorldCom and how it contributed to the accounting fraud‚ how the CEO’s desire to be the #1 stock on Wall Street contributed to the fraud‚ pressures on accountants to book
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CPI Case Bob Marsh a pharmacy manager takes a job with Cooper Pharmaceuticals and has an illustrious 12 year career with them. Throughout his career and especially towards the end Bob was conflicted with doing what was best for his customers and satisfying management. Every year management would do performance evaluations measuring how the salesman’s sales volume was and how his/her relationship improved with the physicians they try to sell to. Bob was always hitting or exceeding quota and had
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