WorldCom: Organizational Culture and Unethical Safeguards Organizational culture is one of four influences whether an ethical or unethical behavior will be made. WorldCom’s demise‚ deliberately overstating their income by $7 billion between 1999 and 2002; and their once valued stock of $180 million becoming nearly worthless‚ can attribute a significant amount of their failure on their “dis”organizational culture. Corporations worldwide who do not think this type of fraud can happen at the hands
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involved in Selection Process: • The selection process typically consists of eight steps: • Initial screening interview • Completion of the application form • Employment tests • Comprehensive interview • Reference & Background investigation • Conditional job offer • Medical/physical exam • Supervisory interview • Permanent job offer • The Selection Process [pic] Fig :1 1. Initial screening: • The first step in the selection process
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Background of Corporate Social Responsibility 1 Section Name Goes Here 1 1.1 Evolution of csr: A Short History “We believe that the leading global companies of 2020 will be those that provide goods and services and reach new customers in ways that address the world’s major challenges—including poverty‚ climate change‚ resource depletion‚ globalization‚ and demographic shifts.” Niall Fitzgerald‚ former ceo & Chairman‚ Unilever Debates over the concept of csr span from the 1930s to
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prevent items such as embezzlement‚ theft‚ and workplace violence to name a few things. Bohlander & Snell (2007) also touch on the fact that‚ "...state courts have ruled that companies can be held liable for negligent hiring if the fail to do adequate background checks‚" (p. 254). It is the belief of the author that if someone has committed a crime in the past such as those mentioned above‚ that they have the ability to commit that same crime again‚ or possible other crimes as well. This would be beneficial
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Taleo Case Study Domino’s Pizza Case Study Domino’s Pizza Delivers Faster Recruiting Topped with Cost Savings and Process Improvements Founded in 1960‚ Domino’s Pizza is the recognized world leader in pizza delivery. Today‚ Domino’s Pizza has 500 company-owned stores in the United States and over 8‚000 franchise-owned stores in more than 60 different countries. The Domino’s Pizza brand had global retail sales of over $5.4 billion in 2007‚ comprised of $3.2 billion domestically and $2.2 billion
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Internal Control Being that LJB Company is still a small company with faith in their long term employees puts LJB in an advantage over competitors. Having long term employees show and express the loyalty towards the company. There is one advantage of LJB Company being a small firm as we are approaching our initial public offering. Because of some small issues that will need to be resolved as per internal control requirements‚ LJB being a small firm it should be easier to bring change with implementation
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Analyzing Rachel Carson’s “The Obligation to Endure” In her essay “The Obligation to Endure”‚ Rachel Carson alerts the public to the dangers of modern industrial pollution. She writes about the harmful consequences of lethal materials being released into the environment. She uses horrifying evidence‚ a passionate tone‚ audience‚ and the overall structure of her essay to express to her readers that the pollution created by man wounds the earth. There are many different ways that pollution can harm
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Conflict in Ethical Decision Making at WorldCom Kerry Seeley Business Ethics MT4200 National American University September 25‚ 2007 Craig Chaplin Abstract This paper explains how WorldCom began and where it’s at now. It didn’t take long for WorldCom to become the second largest long distance phone company. WorldCom provided a legal framework for people working in communication projects on an individual basis‚ mainly in Central America‚ but they also developed projects together with partners
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concern because “Millimeter wave energy is much lower than that of X-rays‚ so it poses fewer health concerns” (Hamalainen). Getting a scan is practically equivalent “…to 3to9 of the radiation received through normal daily living” (Martin). “Natural background radiation exposes us to about 2.4 millisieverts of radiation annually‚ which is about 24‚000 times the high end estimate of 0.1 microsievert of radiation from a backscatter airport scanner” (“Are…”). If someone is concerned about radiation then
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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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