Which segment of its operations got Enron into difficulties? The fall of Eron has understandably generated significant interest in the professional literature as well as in the popular press. The activities and events underlying Enron’s collapse are manifold‚ but several stand out as particularly noteworthy. One is the use of special purpose entities (SPEs). Although SPEs often serve legitimate economic purposes and are still in use today‚ Enron used several of them to hide debt and to overstate
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Wheelen and Hunger’s text[1]: cost leadership. This strategy focuses on “a lower-cost competitive strategy that aims at the broad mass market and requires efficient scale facilities‚ cost reductions‚ and cost and overhead control. This strategy avoids marginal customers‚ and aims for cost minimization in R&D‚ service‚ sales force‚ and advertising.” If used effectively‚ this strategy should reduce and control your labor and overhead costs. This would in turn decrease variable expenses and simultaneously
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nobody has ever been truly moved by working with music. Well‚ I for one reject this overgeneralization and choose to pursue my passion; becoming a middle or high school band director. My goal in this paper is to illustrate the educational requirements‚ financial earnings‚ potential job advancements‚ travel opportunities‚ and ability to compromise that define many exceptional band directors. To become a band director is certainly
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attend regular refresher courses in training‚ so that I am up to date with the current standards required for my role. I treat all service users with respect and dignity‚ and my work practices reflect and promote equal opportunities. I have read‚ and understand my Company’s policies and procedures‚ and am aware of what to do in most circumstances‚ and the correct reporting/recording procedures to follow. I always work in a professional manner‚ and ensure all service user information is kept up to date
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Why should directors‚ executives‚ and accountants understand consequentialism‚ deontology‚ and virtue ethics? Consequentialism is based on the concept that the moral worth of an action is determined by its outcome. And that the consequences of one’s conduct are the true basis for any judgment about the morality of such conduct. Thus‚ from a consequentialist standpoint‚ a morally right act‚ or failure to act‚ is one that will produce a good outcome‚ or consequence. This view may also be expressed
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been interested in being an Art Director for a while now. I have always been interested in what Art Directors did and what they could achieve. I would want to pursue in being a music art director if I had to choose one. Art Directors have many responsibilities and have get put into difficult situations. Also‚ I haven’t fully decided if I wanted to pursue this career‚but I am very interested in what Art directors do. The Tasks that I would have to do while being an Art Director would have to with
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Samantha Larvin CPY 3.1 – Understanding child and young person’s development. Explain the sequence and rate of each aspect of development from birth to 19 years. NEW BORN BABY Physical – The first few days of a baby’s life are usually composed of long periods of sleep interspersed with short periods when the baby is awake. The duration of wakefulness lengthens gradually and includes periods of fretfulness‚ crying and calmness. The responsiveness of the baby depends on the state of sleep or
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Enron was once one of the world’s leading electricity‚ natural gas‚ pulp‚ paper and communications companies. However‚ in December 2‚ 2001‚ Enron suddenly filed for bankruptcy. During the ten years before Enron¡¦s went bankrupt‚ Enron¡¦s management had started transferring Enron¡¦s funding to personal accounts and made fake balance sheets‚ which provided investors information about how this company goes. (Gibney‚ 2005) These illegal actions‚ performed by certain individuals‚ finally led Enron to
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God Made the World because he was lonely. As he slowly fashioned it‚ the earth cooled‚ water formed and the continents formed. He made its so life would develop‚ culminating in those creature made in His own image‚ mankind. But soon after the emergence of mankind‚ strife and evil emerged. God send prophets who informed of how God wanted them to live but the prophets were either shunned or put to death. Finally‚ God sent his only Son but mankind killed his Son. entral Europe has some of
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Many of us can relate to feeling regularly frustrated‚ thinking‚ “Why is it so hard for us to admit our mistakes?” Carol Tavris and Elliot Aronson’s book‚ Mistakes Were Made (But Not by Me)‚ focuses on why people justify bad decisions‚ beliefs‚ and actions. It also offers suggestions about how we might be able to challenge ourselves to honestly reflect on our choices and take responsibility for our actions. In the beginning of the book‚ the authors introduce the theory of cognitive dissonance and
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