'If you are on social media and you are not learning, not being inspired, not networking, then, you are using it wrong.' This is a quote by an expert in social media etiquette, Germany Kent. However, while some people would agree with this statement, others are likely to refuse. It is undeniable that social media sites such as Facebook have...
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Overview Energy corporation Enron was one of the largest players in corporate America. The company grew at a rapid state and was highly favoured by analysts and investors. Although Enron’s forecasts and financial reports for the late 1990s and early 2000s guaranteed stakeholders of continuous growth, this was not the case and it eventually played out to be the biggest...
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As the title of Ben Mezrich’s book The Accidental Billionaires reports, the story of Facebook’s origin features elements of sex, money, genius, and betrayal. These elements are woven together to describe a wild and entertaining journey while achieving success and fame. The factional accounts presented throughout the book are summarized within these four categories. However, there is another aspect to...
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ABSTRACT From Enron scandal to Satyam scandal, many ‘false creative accounting practices’ have been created. Corporate frauds are now becoming a center of attention like Tyco, Worldcom, Freedie Mac. According to researchers, these frauds are hindering public confidence by producing fake reports. This report analyzes the India’s major corporate fraud-‘Satyam Scandal’ and what auditing issues arose in that scandal. The...
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Since Ethics is a fundamental part of management, it is very important for the managers and directors to know the language of ethics. Also to understand how it is impossible to separate or escape from the language of business. Any decision made in business can follow a rule or break a rule and norms, and its consequences and effects can...
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One of the most famous social media outlets used today, that almost everybody has an account worldwide for, is “Facebook.” What is Facebook? Facebook is a popular social networking website that is free and allows registered users to create profiles, upload photos and videos, send messages and keep in touch with friends, family and colleagues. (Rouse-Margaret, 2014) Facebook is available...
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Enron corporation was a very successful American energy, commodities and services company. Founded in 1985 and Headquartered in Houston, Texas. It was a merger between Houston Natural Gas and InterNorth, which were both small regional companies. The company used to sell and trade in more than 30 different products, but when it first got started it mainly produced natural gas...
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Company Profile Enron Corporation was an American vitality, items, and Service Company situated in Huston, Texas. It was established in 1985 by Kenneth Lay as the aftereffect of a merger between Houston Natural Gas and Inter-North. Enron Corporation was one of the main providers of Natural Gas, communications, pulp and paper. Enron utilized around 20,000 staff with guaranteed incomes. The...
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History Sam Walton started Walmart 57 years ago and now it’s one of the biggest companies in the world. Walmart has been a very successful company because they care about the customer. The organizational effectiveness is that their best to have the lowest prices out of all the retail companies. Walmart wants its costumer to save money as much as...
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“422 friends, yet I am lonely “. Social media has become an important part of daily life. So everyone who uses Facebook should know its advantages and disadvantages. Facebook has been invented in 2004 by “Mark Zuckerberg” and spread a lot. Facebook has become the most used social network in the world. Nowadays there are about 500 million persons use...
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Technology has become an important part of human life. In the modern era, technology influences the lifestyles of people as well as their opinions. Although technology has many benefits, it also provides an avenue through which people can circumvent rules and regulations. Brexit offers a clear example of how people can manipulate technology to defeat regulations. During the Brexit referendum...
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When you create an account with Facebook they make you input pretty specific details like your relationship status, location, employment, things you like as well as other user’s online status in order to paint a picture of what your life looks like with all of your interests. With these interests and a general framework on your life, Facebook with that...
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Human behavior describes the way in which human beings act and interact; and it is influenced by several factors including genetic makeup and sociocultural factors. The influence of technology, especially social media on human life has brought about tremendous changes in human behavior. These changes cut across several areas of human interaction, affecting the way we work, play, learn, communicate...
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Facebook is a multi-billion-dollar social networking company that connects billions of people globally. Behind the scenes, and from the help of global marketers, the company uses a powerful strategy to acquire subscriber's personal information. The company uses unique advertising techniques that coerce people into revealing more information about them, then they realize. Moreover, in-return, Facebook profits from it. This leaves...
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INTRODUCTION This report discuses about the Enron scandal of Enron corporation which is an American energy company based in Houston, Texas. It was basically publicized in October 2001 which resulted in bankruptcy of the company and the defacto dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world. Also along with being...
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Norm Kelly, a famous politician and councilor for the City of Toronto. Not only is he popular within the political community but is a well-liked and trendy figure within the world of social media. Norm Kelly belongs to the Liberal Party of Canada and also represented the City of Scarborough as a councilor as well as a representative for Ward...
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Financial reporting has seen great advancements since its very conception as societies trusted form of corporate communication. Disclosures required within sets of financial accounts is an area which has attracted many different viewpoints for a number of years. Some argue that sets of accounts provide all the essential information in one central place, allowing comparisons to be made and vigorous...
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Introduction Over the past years, people’s lives have been slowly taken over by technology. It has mechanized agriculture, improved the transportation, communication, education and the learning process of the youth. Today it is possible to bring news, ideas, and entertainment to millions of people through social networking sites such as Twitter, Instagram and Facebook. Facebook was launched on February 4,...
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1. Introduction: The importance of drawing a strategic plan is vital to determine the success of a Company, 'Where do you want to play and how are you going to win?' Equally important, to develop a business strategy a company needs a good understating of what it is and what it represents. (Vision, Mission Statement and Values). Once achieved a...
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Introduction Decision making in companies can be a synonym of management, every manager makes hundreds of decision everyday that range from simplest things to critical and life altering decisions for the organization he manages, making these decisions gets more complicated the more important they are or to what level they are related to, whether it is in HR or in...
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1. Introduction: Historically, the ultimate goal of any corporation has been, making money and increasing shareholder’s value because they are the owners of the company and without them the company won’t exist. However, in the last decade a concept called the Corporate Social Responsibility (CSR) started to slowly spread. Today, CSR became a necessity for a successful business as they...
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News can be defined as professionally produced informed that is timely, accurate, relevant, clearly communicated and fair. Accessibility of news is surpassing than its credibility. Whereas, fake news is a type of yellow journalism or propaganda that consists of deliberate misinformation or hoaxes spread via traditional print and broadcast news media or online social media. Fake news is written and...
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CarMax is the largest and most well-known used car dealer in the U.S automotive sector and constantly works to remain relevant and innovative. Consumers in the used car market want an environment that is user-friendly, dependable, and transparent while accommodating their needs. Reliability in the automotive sector is key. Many customers begin their car buying journey online. While others prefer...
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Introduction Uber was a trendsetter within the international taxi trade. a really creative project, Uber upset the taxi trade and was supported a market demand gap between client demands and choice availableness. the corporate offered a replacement kind of urban quality at more cost-effective prices and easy use for patrons. Established by Travis Kalanick in 2009, the organization was target-hunting...
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Introduction: Saudi Telecom Company is a telecom provider and a digital leader providing telecom services and platforms to help enabling the digital transformation of the MENA region. In order for any company to reach a leading position in the market, there has to be a developed supply chain management to enhance the efficiency and the effectiveness of the integration between...
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Introduction As part of Assignment for Strategic Management I will be doing a PESTEL analysis of a company of my choice. For this analysis I have chosen to talk about Facebook. The four factors that I will be discussing will be Political, Economic, Social, and Technological. I will be discussing how these 4 factors will have an impact on a...
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Executive summary- Facebook is a global technology company that is a well-known provider of online social media platforms. The company is US based and Mark Zuckerberg is the key management personnel. Facebook has been a huge success in online social media and is immensely popular with billions of users globally however in the recent past the company has been facing...
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Section 1-Introduction Facebook is a social media platform which allows users to connect with friends colleagues or people they don’t know online. Currently Facebook has 1 billion users worldwide. Facebook was set up in 2004 when a group of friends set up a social platform in order to connect students in the Harvard University. (Sabrina Barr 2018)Facebooks main founder was...
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Introduction Artificial intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. Generation AI will rely on artificial intelligence to assist them through all the milestones in their lives. While many people think of AI as a futuristic technology, AI is something we encounter today in ways that some...
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Stakeholder is any group or individual who can affect or is affected by the achievement of the organisation's objectives. (Friedman and Miles, 2006) Stakeholders have special interest in an organisation and as a result they influence the organisation directly or indirectly. There are two main types of stakeholders, which are internal stakeholders (employees, owners and managers) and external stakeholders (customers,...
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