The world of multinational corporations has witnessed a myriad of scandals involving its top management. However, no scandal has drawn much attention like the Enron Scandal. In 2001, revelations about the Enron Scandal began to resurface. The scandal involving top level management led to the state of bankruptcy of the firm (Sterling, 2002). Additionally, it contributed to the dissolution of one of its partners, Arthur Andersen, an audit firm. Apart from being one of the biggest scandals in the United States history, the scandal exposed the weaknesses in the audit sector. The paper seeks ...
Scandal Term Papers Samples For Students
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Scandals break a politician’s reputation, mostly because the public looks up to them and becomes doubtful of the politician’s credibility, once they’re publicly humiliated and exposed. Hence, these individuals need to conduct themselves in a way that suits them best.
It is also certain that scandals often affect a politician’s reputation more than anything and usually damage hard earned reputation for good. This happens mostly because a nation, which constitutes of the common man, tends to look up at these public figures. While it is certainly true that every individual has a right to a personal life, it cannot be ...
Regardless of the reason for which it occurs, lying allows the creation of a world in which individuals would want to live. The girls from “Girl, Interrupted”, the women from “Notes on Scandal”, Humbert Humbert in “Lolita” or William Styron in “Darkness Visible” all appeal to lies for creating the reality that they envision or for depicting the world in which they think they live. Juxtaposing two worlds, the imagined and the real one, the characters of the above mentioned readings and films balance their existence in the two worlds by appealing to lies, for justifying their dual existence. For ...
Analysis of the Collapse of Enron
Introduction
Every business venture can be characterized by a series of ups and downs. A startup business, for example, may initially face a lot of problems, big problems at that, perhaps to make both ends meet. After the initial stages, the business may enter a period of stability. And that is where the cycle of ups and downs often begins. Enron, a business that started in the 1980s as a securer of oil and natural gas pipelines in the United States, is not an exemption. Its business life cycle may well be characterized by a series of ups and downs too. Enron’s earliest ...
STEROID ERA IN BASEBALL
Introduction
The term steroid era in baseball came about because of the players in major league ball using substances to boost their strengths in order to make more home runs or be better in blocking people. Though this era is not well documented therefore it is very difficult to know when it started or whether it has ended or will end in the near future. The major period that is considered to have hit the most was in the late 1980s when baseball era was almost dying until the late 2000s. In 1991 steroid use was banned from ...
Application of Operations Management Principles
Operations management is an inherently important skill in solving problems that are bound to arise at any work place. As an operations manager, one must have the critical skill of being able to identify current and potential problems, after which he/she must be able to come up with sound solutions, and timely implementation of the decisions (Khanna, 2007). Sound problem solving and decision making can help avert an impending calamity at a work place. On the other hand, poor decision making- or the complete absence of a decision- has the potential of causing the failure of an organization and its operations. ...