conscience-focused business world. WorldCom became one of the world’s largest long-distance telephone services. With Bernard Ebbers at the helm‚ the corporate giant went from Wall Street Darling to Wall Street Pariah because of unethical decisions. Ebber denied involvement and was rightfully sentenced to 25 years in jail. The need for ethical decision making has become increasingly evident in today’s fast-paced business environment. In the case of WorldCom‚ a national company that would provide
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Introduction The WorldCom fraud that came to light in 2002 was an example of many things that went wrong within the organization. Unethical conduct by its senior leadership beginning with Chief Executive Officer (CEO) Bernard Ebbers was certainly at the forefront of these problems. The question is should a CEO like Ebbers have been sentenced to prison for his liability in the WorldCom scandal? My answer is yes‚ he should’ve gone to prison as well as other CEOs who engage in
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Dennis Covington writes about the snake handling rituals that go on in Scottsboro‚ Alabama‚ in March on 1992. While going to the services held at the churches‚ Covington realizes that he is not only doing a story on other people’s religions‚ but that he is also discovering his own religion. Covington creates feelings of sympathy and disgust for me while he talks about snake handling in southern churches. Through Covington’s eyes I was exposed to his spiritual journey‚ family‚ and southern beliefs
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Karin Bean‚ Notes Chapter 1 The word Psychology Comes form the roots psyche (means mind) and logos (means study of or knowledge) Psychology Is the science of behavior and mental processes. Psychologists gather scientific data in order to describe‚ understand‚ predict‚ and control behavior. Is a science and a profession Uses the scientific method to study behavior Psychologists are professionals who create and apply psychological knowledge can be scientist‚ teachers‚ or apply it in education
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HILARY JOHNSON CHUKWUMA CHUKWURAH INTRODUCTION In the universe of textbooks on Mass Communication theories‚ Stanley J. Baran’s and Dennis K. Davis’‚ Mass Communication Theory: Foundations‚ Ferment and Future stands out. A 456-page compendium on Communication theories‚ the book is down-to-earth‚ dishing and distilling various Mass Communication/media theories that were propounded by communication/media scholars and practitioners over time. The book is a communication theory Bible of a sort‚ which
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political rallies at colleges to major literature works‚ people were starting to question everything that had‚ for so long‚ been accepted as the norm. The ideas of those involved were also quite apparent in the films that were produced in that decade. Dennis Hopper’s Easy Rider was quite possibly one of the most pronounced and symbolic movies of the sixties in its efforts to convey the way the "youth" of that time period felt‚ and how they perceived the world they were living in. Hopper’s movie‚ a hit
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distracted from my ability to sympathize with Bernard Ebbers conviction. His defense team argued that the trial judge wrongly instructed the jury that it could convict Mr. Ebbers on the basis that he engaged in “conscious avoidance” of the fraud at WorldCom. It is evident that Ebbers took a blind eye to any consideration to analyze the good stuff from the bad stuff in this situation. He failed to calculate the considerations of utility and as a result he is paying the consequences through a substantial
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name was changed to LDDS WorldCom in 1995 and later just known as WorldCom. MCI‚ Inc. was a telecommunications company that was headquartered in Ashburn‚ Virginia. This was a result of the merger of WorldCom and MCI Communications. They used the name MCI WorldCom but officially became WorldCom on April 14‚ 2003 “as part of the corporation’s emergence from bankruptcy.” (MCI Inc) MCI had a history of acquiring companies that led to the breakup of the AT & T monopoly. WorldCom on the other hand‚ was
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publically traded companies. Every week brought different news on misrepresentations at major American corporations and financial institutions. As soon as the report of accounting fraud at Enron reached public‚ media revealed similar scandals at WorldCom‚ Tyco and number of other publically traded companies. Improper revenue recognition‚ incorrectly recorded expenses‚ and other practices to manipulate financial statements along with briberies to auditors for covering the fraud caused the biggest
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conclusion‚ Enron‚ WorldCom and other financial scandals have brought more awareness to investors... Premium The Unethical Business In The Telecommunication Industry The overcharging behaviour of AT&T Recommendations for telecommunication industry Conclusion Findings WorldCom WorldCom‚ The Americas second-biggest long... Premium Miss of technology and business markets/trends. The conclusion of the need for preventative measures has been surmised based on observations of WorldComs turn of events
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