Enron

The situation discussed is that the company had apparently hidden the defects in their CCTV equipments from another company, Amitech, which happened to be MR Tech's prominent customer. Suyash was approached by Ankita Kukreja and was notified that Amitech was sold defective equipments. Suyash then discussed the findings with his boss and it was decided to let things go since it was in the past. This angered Ankita who then contacted the customer and shared her findings with them, which led to a…

CASE WRITE UP: “Bluestar`s Acquisition of Adisseo (A)” Prepared by: Emilio Ramirez Zuñiga 000126489, September 2015 INTRODUCTION In 2006 after 6 years of long talks and courtesies. Bluestar the largest subsidiary of ChemChina, a leading position company in china in industrial cleaning products, membrane, and water treatment products, had just achieve to acquire Adisseo, a French company which was the first one to synthesize methionine. PROBLEM STATEMENT After the negotiation was settling and…

“The Blaming and Belittling Behavior of Today's So-Called Leaders” I have selected “The Blaming and Belittling Behavior of Today's So-Called Leaders” by Sally Blount on Forbes as my study article. It relates well with the goal of this course on how to get work done with and through other people. For instance, without leaders the organization would be rudderless, a ship headed for nowhere, letting itself be drifted away by the waves. Leaders make decisions on behalf of the organization,…

Shell oil began functioning out of Nigeria in 1937 under the name Shell D’Arcy. Upon discovering the first commercial oil field in 1956 in the Niger Delta, Shell Nigeria began exporting oil in the year of 1958 and has been doing so ever since. At one time, oil exportation was seen as a way to transition from relying solely on the agriculture industry for exportation and move into what was thought to be the booming economy of oil. The locals of the Niger Delta area have experienced little to no…

Bernie Madoff, a well-respected financier, conducted one of the most well-known Ponzi schemes. Madoff lured in investors by guaranteeing them unusual high returns. Over several decades, Madoff was able to scam and convince thousands of investors to hand over their savings with a false promise of consistent profits in return. He was eventually caught in December 2008 and was charged with 11 counts of fraud, money laundering, perjury, and theft (Yang). On June 29, 2009, he was sentenced to 150…

Gross Profit Reflection Paper When an organization face a froud, it is not an error for the guilty person; this is more a mistake from the own organization system. it might sounds conflicted, however, the management of the sytem is not well monitores or prepared for any mysterious activity. Of course there are several activities that an organization is not able to notice them because we are more concern and worried for those top amd big mistakes instead of the little ones. I have to mention that…

Prevention of Oppression Lord Cooper in the Scottish case of Elder vs Elder and Watson Ltd. cited that the behaviour complained should at least involve a visible deviation from the standard of dealing of the company, and violation of fair play condition where every shareholder who assigned their money to the company is eligible to rely. Moreover, the complaining member should show that he is facing oppression in his own capacity as a member but not in some other capacity. To create…

6. The turnaround post the bankruptcy and suggestions General motors had faced the issue in 2008 because of the downturn in its sale and went on for bankruptcy. Company had made turnaround since then and within five years of huge equity infusion by the US government, company had come out of crisis. In 2009, company was on the verge of being liquidated and was set to be closed. But it made a turnaround by restructuring itself. At that time, there also a fear that no one would like to buy a car…

Reporter, Diana Henriques for the New York Times, wrote the book The Wizard of Lies: Bernie Madoff and the Death of Trust. This is an interview conducted by NPR with said author about her book and interviewing Madoff after his arrest. First thing that is mentioned is the personality of Madoff. He is described first and foremost as a liar. Big shocker, he tells Diana that she is the only writer he will be speaking to which in fact was a lie. His personality is also described as charismatic. “The…

1. According to the article, there are various Arizona state government agencies suing Arthur Andersen. More specifically, the litigation was brought by Arizona’s Corporation Commission (Securities Division), as well as the state’s attorney general. The principal allegation of the lawsuit is that Arthur Anderson ignored clear signs and evidence that one of its clients—the Baptist Foundation of Arizona (BFA)—was engaged in ongoing fraud. The firm’s response is that Arthur Andersen did everything…