Enron

do this. Take for example one of the bank’s ads, it says they are fully devoted to compensating those impacted, but how do you compensate someone who has seen reduced credit scores from bouncing a check in an account that there was supposed to be money in? (Hiltizk, 2016). How do you correct something that took customers years to establish? There seems to be no solid answer to these questions, only vague promises and an absence of a definitive plan in place to make things right, which making…

Donald Trump is a inspiring well known businessman from Queens, New York. Donald started off with a small loan of a million dollars. He used competency, self motivation, and perseverance to become the man known for saying that he is going to make America great again. Donald is a outgoing person with a vivid personality. He is a family man, he is the father of five children. He has shown resiliency by coming back from several large bankruptcies, and business failures. Donald has come far from…

Warren Buffett once said “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently”. The way it relates to our generation today is that Chris Brown ruined his reputation in a short amount of time. There are a lot of people in the world who has messed up their reputation and as a consequence, they cannot come back from it. Chris Brown is only one of the many people that has messed up their reputation and cannot come back from their…

Nextcard’s audit engagement partner Thomas Trauger’s behavior demonstrates the pressure and ethical dilemmas that auditors encounter on a daily basis when managing the audit of a large company. I found it hard to believe that an audit partner would unashamedly violate the audit profession’s ethical standards and push his employees to follow his footsteps. Another thing I found interesting was numerous promises and expectations made by Nextcard executives regarding the company’s future profits.…

Deaccession One of the many obstacles today that Museums must work around is deaccession. Deaccession is “to sell or otherwise dispose of an item in a collection (Webster). Museums use this method by “permanently removing an artifact/artwork by gift, exchange, sale or destruction from a collection” (Principles of deaccession). A reasonable concern for the artifact must be acknowledged before a deliberation can happen about the removal of an object from a collection (principles of deaccession).…

“It was 34 years ago, on May 25, 1977, that “Star Wars” (later known as “Star Wars: Episode IV A New Hope”) thundered onto the big screen and changed the course of Hollywood history.” (Hero Complex Star Wars) The budget that the crew had was eleven million dollars. It became so popular that it had made over four million dollars in the US but had made over seven million dollars world wide in the box office which put it as the number one movie of the year in 1977 by about four million dollars…

The 1980’s the United States was in terrible shape. This was the worst of the American economy, since the Great Depression. 1980 was a renewed push for capitalism and business. The economy resumed upward. A New York Times article had said that the flushness of money and growth during these years created a drug culture. The film inside jobs talked about how many people were using cocaine and hired hookers since the economy was doing well, but then it crashed. In 1987 the stock market…

In the passage," Isabella Stewart Gardner Heist: 25 years of theories", the police and FBI agents discovered that a special piece of artwork was stolen, Rembrandt's Christ in the Storm on the Sea of Galilee. The stolen work of art was worth $500 million dollars, making it known as the largest art theft in American History. Later on, it tells us about our main protagonist, a reporter for the Boston Herald. He tells us about some paint chips he received in1997 from people who were in charge of to…

For example, some companies in specific industries do not need to report their profitability and financial forecast because of the nature of their industry but rather, just present pro-forma analysis to show the company’s operations. They are useful tools to help identify a company's core value drivers and analyse changing trends within company operations. Sometimes this is all that some investors are interested in so it’s irrelevant to present financial information. Pro-forma earning paint a…

Question 1 Managing the Art of Innovation Assignment Question 1 One of the world's leading diamond mining companies (De Beers), was struggling to find ways to control and minimise diamond theft. As a result, this threatened their business viability due to substantial profit losses at many of the mines at the time. In attempts to start mitigating this problem, De Beers used a combination of physical body searches and conventional x-rays to detect any smuggled diamonds. According to Brian…