Business
In the Business section, you can find material dedicated to all things business. This section collects data on the activities of the various companies operating in markets all over the world.
17,334 Essays on Business. Documents 5,041 - 5,070
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Enron Corporation and Andersen,llp
why do audit partners struggle with making tough accounting decision that may be contrary to their client's position on the issue? what changes should the profession make to eliminated these obstacles in auditing? what are the auditor independence issue surrounding the provision of external auditing services, internal auditing services, and management consulting services for the same client? development arguments for why auditor not be allow to perform non-audit services for the their audit client.
Rating:Essay Length: 258 Words / 2 PagesSubmitted: April 18, 2011 -
Enron Corporation Case
Abstract Enron was one of the largest companies in the United States their own management’s financial situations. This organization did not care about their employees or investors that enriched which turned around and left their employees and investors without anything. Enron Enron Corporation was the seventh largest company in the United States. This company lost over sixty billion dollars of stockholders’ equity. They also lost employees lives savings when Enron filed bankruptcy. The loss caused
Rating:Essay Length: 534 Words / 3 PagesSubmitted: March 1, 2010 -
Enron Corporation Case Study
Introduction There are a lot of things that people should know and needs to investigate to make better decisions. Enron’s case is one of those. Through this work and through the investigation we discovered how a company with great projection and performance was being manipulated from their financial statements to create a false representation of the reality. There it is involved financial people as politicians that work in favor of Enron. I do invite you
Rating:Essay Length: 2,615 Words / 11 PagesSubmitted: April 23, 2010 -
Enron Downfall
Enron Corporation “Enron Corporation was an American energy company based in Houston, Texas. Before its bankruptcy in late 2001, Enron employed around 21,000 people (McLean & Elkind, 2003) and was one of the world's leading electricity, natural gas, pulp and paper, and communications companies, with claimed revenues of $111 billion in 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years. It achieved infamy at the end of 2001, when it was revealed
Rating:Essay Length: 1,120 Words / 5 PagesSubmitted: November 10, 2009 -
Enron Ethics
Introduction Enron was one of America’s leading companies prior to its spectacular collapse in 2001. It was frequently named as one of America’s top 10 most admired corporations and best places to work, and its board was acclaimed one of the US’ best five, according to Fortune magazine. As America’s seventh largest company, Enron experienced explosive growth through the 1990s. It had revenues of US$139 ($184) billion, US$62 ($82) billion in assets and employed more
Rating:Essay Length: 1,666 Words / 7 PagesSubmitted: November 23, 2009 -
Enron from a Legal Standpoint
Enron The tragic fall of Enron led to a revolution in the way people think about large corporations. Before the surge of white collar crime in the late 1990s and early 2000s, there were no regulations in place that forced corporations to accurately report their finances. This led to a series of immoral and devious deceptions that caused many people to unfairly lose their life savings without any form of recourse, while a select few
Rating:Essay Length: 1,143 Words / 5 PagesSubmitted: February 17, 2010 -
Enron Pnw Hdd
Going by the effect of change in temperature in the past four years on the revenues of PNW, we know that a hedge against weather risk is of paramount importance for Mary Watts, the chief financial officer of PNW. The net income of PNW for 1999 was only 8 million while the yearly capital expenditure from 1995-1999 was 1 billion. Under this red ink budget, it came as no surprise when the equity and debts
Rating:Essay Length: 1,851 Words / 8 PagesSubmitted: June 2, 2010 -
Enron Scandal
Enron went bankrupt in December 2001 after it was revealed that the company had hidden hundreds of millions of dollars in debt. Enron’s infamous collapse resulted from the disclosure that it had reported false profits, using accounting methods that just did not follow generally accepted procedures. Enron undertook some creative accounting schemes to avoid reporting its increasing losses and also to give the appearance of rapid earnings growth. For example, they claimed that contracts due
Rating:Essay Length: 471 Words / 2 PagesSubmitted: November 23, 2009 -
Enron Scandal
The Enron Scandal One of the most popular business bankruptcies and collapses known to date is that of the Enron Corporation. Enron, once known as “America’s Most Innovative Company” by Fortune Magazine six straight years from 1996 to 2001. Enron seemed to be doing very well until the summer of 2001 generating a lot of cash and new businesses, but in October of 2001 Enron was forced to disclose that their accounting practices had been
Rating:Essay Length: 1,811 Words / 8 PagesSubmitted: February 19, 2010 -
Enron Scandal
Q.1 Crisis of confidence happens after the Enron scandal occurred. I think several parties should responsible for this crisis, that include independent auditor, clientЎ¦s key executive officers, clientЎ¦s internal auditors, SEC, FASB, bank and financial analysts. The most important statutory duty of the independent auditor is to ensure the financial reports are intended to give a Ў§true and fair viewЎЁ. If the financial statement contains fraud and irregularities, independent auditor should discover and report it
Rating:Essay Length: 664 Words / 3 PagesSubmitted: June 5, 2010 -
Enron Stakeholders
BA 215 Spring 2007 Enron Stakeholder Assignment Enron was a dream come true for a lot of people, but it was also a nightmare waiting to happen for many more. I am going to examine the collapse of Enron from the management perspective. The three examples of Enron behaving badly that I am going to study are the incidents in Valhalla, the electricity trading in California and the conflict of interest between Andy Fastow and
Rating:Essay Length: 1,710 Words / 7 PagesSubmitted: February 23, 2010 -
Enron's Scandal
Enron's Scandal Enron is an energy and power company based in Houston, Texas that deals with the energy trade on an international and domestic basis. The company was founded in 1985 by Kenneth Lay when Houston natural gas merged with Internorth. Ken Lay helped to initiate the selling of electricity at market prices and, soon after according to (Enron: The Smartest Guys in the Room) President Bush senior helped Ken Lay in giving government subsidy
Rating:Essay Length: 2,495 Words / 10 PagesSubmitted: May 1, 2011 -
Enron: From the Beginning to the End
Introduction When many people hear the word Enron, they immediately associate it with the most important accounting scandal of our lifetimes. Enron was an American gas company that began as the Northern Natural Gas Company in 1931. Internorth, a holding company in headquartered in Omaha, Nebraska, purchased the Northern Natural Gas Company and reorganized it is 1979. Enron arose from the 1985 merger of Houston Natural Gas and Internorth. After building a large, new corporate
Rating:Essay Length: 2,581 Words / 11 PagesSubmitted: February 6, 2010 -
Enron: The Terrible Scandal
Table of Contents: Introduction Pg. 3 Enron’s Founding Pg. 3 Briefing of Scandal and Its Effects Pg. 3-4 How Enron Fooled Billions Pg. 4-5 Brief on the Positive Outcomes Pg. 5 People Affected and Conclusion Pg. 6 References Pg. 7 Today’s ever changing world of business leaves no room for unethical business practices. One of the most notorious and talked about examples of this includes the scandal of Enron. Enron used unethical business practices that
Rating:Essay Length: 1,063 Words / 5 PagesSubmitted: January 28, 2010 -
Enron’s Corporate Culture: Doomed for Failure
Organizational culture can be defined as the system of attitudes, beliefs and values that are collectively expressed in support of organizational structure. Organizational culture is a pattern of shared basic assumptions that dictate the behavior of individuals within an organization. Culture determines which practices are appropriate and which are not, effectively developing standards, guidelines, and expectations for individuals within an organization. Although they work hand in hand, there is a definite distinction in the beliefs
Rating:Essay Length: 1,803 Words / 8 PagesSubmitted: November 18, 2009 -
Enron’s Demise
Enron’s demise sounds like a great work of fiction but the more I hear of the issues I think of a child. Children bring attention to themselves; they need supervision, guidance, love, and most importantly discipline. For the most part Enron received so much love from everywhere and everyone including there own employees. At the top though the children were running the company without supervision. The demise of the Enron began with management. The
Rating:Essay Length: 361 Words / 2 PagesSubmitted: December 27, 2009 -
Entering American Business in a Foreign Country
I. COMPANY BACKGROUND INFORMATION Our company Electrical Repair Incorporated has been operating in the domestic arena for 10 years. Electrical Repair Incorporated is a moving company in the way that our headquarters are in Los Angeles, California however our employees travel to different places domestically repairing power lines, power poles and cables in times of natural disasters. Natural disasters range from storms, hurricanes, typhoons to terrorism attacks. II. INFORMATION ON PRODUCT OR SERVICE Electrical Repair
Rating:Essay Length: 5,962 Words / 24 PagesSubmitted: December 21, 2009 -
Entering and Contracting
Entering and contracting Entering and contracting are the initial steps taken in the OD process, and is considered by many as one the most important steps of the process. The entering and contracting step will be utilized to set the pace and lay the foundation for the practitioner client relationship. They involve a preliminary evaluation of the organization’s opportunities for development, while establishing a collaborative relationship between the OD practitioner and the members of
Rating:Essay Length: 1,433 Words / 6 PagesSubmitted: January 20, 2010 -
Entering Global Markets
Principles of Entry Strategy 1. As a multinational company, it is more effective to found new ventures in foreign markets rather than acquire an existing foreign firm and integrate it into the parent company system. When setting up subsidiaries of multinational companies in global markets, studies have shown that subsidiaries founded by acquisition have a higher rate of exit than those founded as new ventures (Li 336). The higher risks associated with acquiring foreign firms
Rating:Essay Length: 275 Words / 2 PagesSubmitted: March 7, 2010 -
Entering International Markets
Entering International Markets The University of Phoenix online simulation, “Entering International Markets” teaches the elements of deciding how to enter a foreign market. The fictitious company Trinezza, manufactures and markets a fuel efficient high-end scooter that has sold well in the U.S. with young business professionals but has not been marketed overseas. The simulation highlights the problems and consideration in moving into the country of Sentonia. The Cynta and the Trinezza name are well known
Rating:Essay Length: 506 Words / 3 PagesSubmitted: March 28, 2010 -
Entering into Indian Market
REASONS FOR ENTERING INTO THE INDIAN MARKET Economy figures paint India as the fifth biggest consumer market in 2025. These days the Indian working class counts 300 million individuals, similar in size to the whole European Unions market. If the economy will take after the patterns of pre-crisis, the numbers are going to rise. It has the world's second biggest work power, with roughly 520 million individuals. It is a massive pool of skilled labor,
Rating:Essay Length: 444 Words / 2 PagesSubmitted: May 31, 2015 -
Enterpreneurship and Management
Entrepreneurship is The process of initiating a business venture, organizing the necessary resources and assuming the associated risks and rewards. Entrepreneurship as an option. For many years there was many worries surrounding the idea but recently there has been an outbreak of entrepreneurs making money and living a better quality of life. Women and minorities are now starting their own businesses more than men because they have been discriminated in the corporate world and decided
Rating:Essay Length: 849 Words / 4 PagesSubmitted: March 11, 2009 -
Enterpreneurship and Management
Entrepreneurship is The process of initiating a business venture, organizing the necessary resources and assuming the associated risks and rewards. Entrepreneurship as an option. For many years there was many worries surrounding the idea but recently there has been an outbreak of entrepreneurs making money and living a better quality of life. Women and minorities are now starting their own businesses more than men because they have been discriminated in the corporate world and decided
Rating:Essay Length: 849 Words / 4 PagesSubmitted: December 1, 2009 -
Enterprenureship
Define Innovation and Its types Innovation is the "creative Destruction" which involves a set of principles. It plays an important role in entrepreneurial activities. It is the process by which an idea or innovation is converted into good or service for which the people will pay. To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Innovation is the central to identifying entrepreneurs and their
Rating:Essay Length: 642 Words / 3 PagesSubmitted: May 9, 2011 -
Enterprise
The main way that Enterprise differs from its rivals is that it does not have offices in the airport. It instead strategically chooses its locations in a way that 90% of the American population lives within 15 minutes of its offices. The Enterprise management is keenly aware that Americans would welcome a local option for renting cars when their own vehicles were being repaired or when they are going for a vacation and don’t want
Rating:Essay Length: 1,175 Words / 5 PagesSubmitted: February 17, 2017 -
Enterprise Holdings Analysis
Enterprise Holdings is a rental car company composed of three different subsidiaries; Enterprise Rent A Car, Alamo and National. Enterprise Holdings is a privately owned company that provides vehicle leasing, car sales, and fleet cars to different organizations. Enterprise Rent a Car focuses from motorcycles, luxury, exotics and even commercial trucks. Alamo and National were purchased by Enterprise rent a car in 2007 and that's when Enterprise Holding was created. Alamo targets airport locations with
Rating:Essay Length: 1,615 Words / 7 PagesSubmitted: November 19, 2016 -
Enterprise Rent-A-Car
Memo assessing the success of the “local market” expansion planned by Enterprise’s competitors Enterprise Rent-a-Car Inc. has been very successful as it focused on an entirely untapped segment of the car-rental market and created a niche for itself. Along the way, while its competitors slugged it out for the overcrowded airport traveler segment, Enterprise continued to prosper by expanding its inner-city operations. With the rental car industry in the midst of a shake-out, Enterprise’s competitors
Rating:Essay Length: 444 Words / 2 PagesSubmitted: December 8, 2009 -
Enterprise Rent-A-Car - What Opportunities and Threats Does Enterprise Face?
Question No. 1. What opportunities and threats does Enterprise face? Enterprise was the market leader of the car rental business and was the highest revenue producer. The main success of its business was its concentration on a single market segment and consistent delivery of services to its customers and care for employees. Thus, the industry of car rental was increasing significantly and hence there were number of opportunities and threats Enterprise could face in its
Rating:Essay Length: 667 Words / 3 PagesSubmitted: May 3, 2010 -
Enterprise Resource Management
EXECUTIVE SUMMARY This report analyzes the problems faced by implementing Enterprise Resource Planning (ERP) and states the two reasons why the costs of implementation are decreasing. INTENTION DOES NOT MATCH RESULT The productivity of a large organization's departments was supposed to be automated and connected via its ERP software. The operation of departments such as human resources, accounting, finance and administration was expected to be much smoother, faster and efficiently. These implementations made companies such
Rating:Essay Length: 488 Words / 2 PagesSubmitted: May 17, 2010 -
Enterprise Resource Planning
EXECUTIVE SUMMARY In the following case study of E.A.Cakes, we have discussed transition phase from MTO to MTS (Made to Order to Made to Stock) production strategy as well as shifting consumer trends, in particular, consumers’ changing expectation in relation to “speed-to-market”. This entails maintaining an adequate level of inventory in medium to long-term frozen foods to meet the demand for shorter order-to-delivery time in relation to production planning and supply chain management system. For
Rating:Essay Length: 2,181 Words / 9 PagesSubmitted: December 21, 2009