and 4 1. Arthur Anderson’s audit partners’ sole concern was how much revenue could be generated‚ so the employees of Arthur Anderson paid little mind to the quality of the audits they did as long as they were making money. They turned their heads when generally accepted accounting principles were not being followed and hid the fact that Enron’s policies and internal controls were not good enough to protect its shareholders. 3. The prime motivation behind the decisions of Arthur Andersen’s
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Exercise 40.1 1. Mistakes are made. 2. Music legends such as Ray Charles‚ Billie Holiday‚ and Johnny Cash are all an influence on Norah Jones. 3. Numerous reports of loud music from bars and shouting neighbors are being taken by the city’s new noise complaint hotline. 4. The violin solo is being performed by an eight-year-old. 5. The body’s immunological response to gluten can cause intestinal damage‚ in a patient with celiac disease. Exercise 41.2 1. The original Star Trek television show
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AND ITS ROLE IN THE DOWNFALL Corporate Culture and its Role in the Downfall Of Arthur Anderson LLC and Sunbeam Corporation Darrell V. Davis Grand Canyon University Bus 604 Business Ethics July 5‚ 2009 Abstract Corporate culture plays an extremely important role in the development of a company. Whether explicitly stated or not‚ the culture of a company reveals its attitude‚ motivation‚ and intentions. Arthur Andersen’s and Sunbeam’s cultures revealed that they were on the hunt for huge profits
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Course Project: Leadership and Organizational Behavior in Action GM-591: Leadership and Organizational Behavior Overview of Organization The organization that will be the topic of discussion in my final project paper is Devry University Inc. Established in 1931‚ Devry University is a subsidiary of Devry Inc‚ which is a publicly traded and private higher education institution. Devry has provided a quality education to hundreds of thousands of consumers over the years. Devry offers a
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The formation of an action potential can be divided into five steps. (1) A stimulus from a sensory cell or another neuron causes the target cell to depolarize toward the threshold potential. (2) If the threshold of excitation is reached‚ all Na+ channels open and the membrane depolarizes. (3) At the peak action potential‚ K+ channels open and K+ begins to leave the cell. At the same time‚ Na+ channels close. (4) The membrane becomes hyperpolarized as K+ ions continue to leave the cell. The
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Action Potentials An action potential is the change in electrical potential associated with the passage of an impulse along the membrane of a muscle cell or nerve cell. An action potential occurs when a neuron sends information down an axon‚ away from the cell body. A threshold is the minimum amount of stimulation needed to start a neural impulse (you know‚ the electrical impulses that travel throughout your body carrying important information). Action potentials generated by neural impulses are
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Arthur Andersen was one of the ’Big 5 ’ accounting firms‚ the others being PricewaterhouseCoopers (PWC)‚ Deloitte Touche‚ Ernst and Young‚ and KPMG. Throughout the 1980 ’s and 1990 ’s‚ these five companies provided auditing and tax services to most of the west ’s major companies. However‚ in 2002 Arthur Andersen ’s licences to practice as Certified Public Accountants (CPA ’s) in the US were voluntarily surrendered by the company in the wake of criminal charges relating to the Enron scandal. Although
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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 the
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At the organization‚ new trends of the market and new competitors were not going to change any of the company. "Don’t question it. That’s the way it’s always been done". They had no desire to change their archaic practices. When Anderson realized that they could not survive with the current‚ traditional business approach and their competitive edge was dwindling‚ they switched from a "pillar of integrity" company to one that focused solely on keeping clients at any cost. Andersen was too
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NAME: ZEENAT AMEEN MOHAMMED ID NO: 7401 COURSE NAME: CROSS CULTURAL COMMUNICATION TOPIC: WHO MADE A SERIOUS MISTAKE? LECTURER: DR. SHARON CASE STUDY: WHO MADE A SERIOUS MISTAKE? 3.1IDENTIFYING THE FACTS OF THE CASE: The facts of the case are: * Jean safari was investigating a serious error made by a Japanese worker at the Japanese subsidiary of a US multinational. * A component had been inserted upside down‚ and the entire batch has been pulled out of production to be
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