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 the largest bankruptcy reorganization in American history it was also cited as the biggest audit failure. This report also discusses...
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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 40 York South-Wieston for the years 2000-2018. Ever since this famous political figure entered the world of Twitter, it became...
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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 calculations to be carried out. On the other hand the vast majority are of the mindset that all information provided...
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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, 2004 by Mark Zuckerberg with his fellow college student which are Eduardo Saverin, Andrew Mc Collum, Dustin Moskovitz and Chris...
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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 deep understanding of the company's vision, mission and values then it will be helpful to start thinking about the strategic...
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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 operations or something that affects every department like expanding or merging. In this study we will shed a light on...
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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 recognize the numerous benefits to their businesses, employees, communities, and the environment. CSR is also sometimes described as the corporate...
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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 published with the intent to mislead in order to gain financially or politically, often with sensationalist, exaggerated, or patently false...
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Introduction: This is a swot analysis of the retail commercial enterprise Tesco, This evaluation of Tesco will provide records approximately its strengths and weakness, and more records on how Tesco competes in the market. Tesco plays a role in one in all the most important markets within the world and its one among the most a hit retail business inside the global so there will be a lot of inform Strength Analysis: This is an analysis of Tesco main strengths...
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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 to come in person to the store. Savvy car buyers enjoy researching information online prior to contacting the dealership. The...
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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 by terribly aggressive values to realize world domination ('History of Uber - Uber's Timeline Australia,' 2019). As a results of...
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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 supply and demand. Through the supply chain management, STC has developed an end-to-end SCM by developing the supplier system, and...
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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 company like Facebook. Political Factors Political Stability: When we think about political factors in relation to Facebook, one of the...
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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 certain challenges especially with regards to improper use of user data etc. The report aims to study the stakeholders of...
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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 Mark Zuckerberg while attending Harvard along with classmates Eduardo Saverin, Dustin Moskovitz, and Chris Hughes. Mark Zuckerberg had previously developed...
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1.1.Background of the Company MAMEE-Double Decker (M) Sdn Bhd is a company of food processing in snack, instant noodles, beverages and confectionery in Malaysia. It was founded in 1971 by Datuk Pang Chin Hin and his partner in Malacca. Currently, they are serving over 50 products including MAMEE Monster snack, Mister Potato Chips and MAMEE Chef. They had penetrated to the international market and exported to over 100 countries around the world. Besides, MAMEE-Double Decker also build manufacturing facilities in...
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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 people may not even realize. For example, when you use an internet search engine, the search terms and predictive text...
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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, suppliers, government and local community). For the purpose of this assignment, I want to talk about a water utility company....
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Facebook: a social media platform founded by Mark Zuckerberg in 2004 which currently has 2.3 billion users. The article “Dear Mr Zuckerberg: the problem isn’t the internet, it’s Facebook” by Siva Vaidhyanathan does not only celebrate the 15 years of Facebook’s existence but also adds to the recent discourse around Facebook. Using a social constructivism perspective, this paper provides insight in how Vaidhyanathan argues that Zuckerberg is gaining more power which leads to moral panic. In this paper, I will...
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IKEA is a Swedish-based group of a multinational institution that focuses on the design and marketing of furniture, home accessories and kitchen appliances. IKEA began in 1943 in Sweden by Ingvar Kamprad, and the firm remained the largest furniture distributor globally since 2008. The owner, Ingvar got enlisted by Forbes Magazine as one of the wealthiest globally with assets valued over $ 40 billion. IKEA, the company name, denotes Ingvar Kamprad, Elmtaryd, and Agunnaryd (' IKEA history - how it...
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The Case & Who is at Stake In 2008, Uber was created by Travis Kalanick and Garrett Camp on a snowy night in Paris, which became one of the most popular ride-sharing apps of the twenty-first century (Bales, 2017). Uber gave people the chance to be their own boss whenever they want, but it also gave drivers harm as they were unable to receive the benefits and protection under the state and federal law. This was the issue the case...
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The very first IKEA was built in southern Sweden in a locality called Älmhult. IKEA all started with one young boy named Ingvar Kamprad, who figured out how to buy and sell items to make a profit at the age of five. IKEA is spelled in all capital letters because the first two letters are initials and the second two is a place. I.K stands for “Ingvar Kamprad”. The second two letters is the name of the farm and village...
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Facebook is a well-known social media platform that likely everyone you know has used at one point or another. So how does that affect the human psyche? With countless variables keeping Facebook in mind, let’s take two and take a deep dive. The topic of this report is how a person’s Narcissism and Self-esteem correlates with their Facebook use. Further discussing what that means and why that is relevant and important information. The finding s show a positive correlation between...
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INTRODUCTION IKEA is one of the largest store that produces varieties of furnishing items. Ikea produces very ecofriendly products that which are reusable and recyclable. Ikea has different branches around the world. It produces around 9500 varieties of furnishing products. Present ikea is one of the leading furnishing store. Customers choose, transport and assemble the furniture themselves, in a way the customers of other furniture and home furnishings retailers, although others are now imitating the IKEA model. Ikea has been...
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Abstract This paper examines the value of team dynamics in a business, how to improve poor dynamics, and how to measure dynamics within a team. I will also briefly cover how a group or team is formed and the stages that every group goes through. The value of team dynamics is critical for organizational success. Without positive team dynamics, your business can’t leverage the potential of your employees and tap into their skills and experience. So, what is team dynamics?...
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Some shoppers have a love-hate relationship with Walmart. Costs are matched, but the large retailer consistently receives low marks in consumer satisfaction studies (hate ) . And However, 265 million shoppers worldwide even see its shops every week, then Walmart must be doing something good. If, like me, you abandoned Walmart ages ago, it may take minute to consider. This Bentonville, Ark.-based corporation has been fast remaking itself, directing scenes at these bows of competitors ranging from object and Amazon...
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Abstract Mark Zuckerberg was born on May 14, 1984 in Dobbs Ferry New York and is an entrepreneur and philanthropist. He is also the founder of the well-known social media website and app called Facebook. This well-known social media website started off as a site that connected attendees of Harvard University, the college Mark had attended. After its success at the college it was then made public in 2004. Since then Mark Zuckerberg has experienced many trials, errors and success....
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In their article, Seder and Oishi (2012) ask a novel question based on previous research conducted by Harker and Keltner (2001) which had demonstrated that there was a relationship, namely a positive correlation, between the smile intensities (as a measure of expressed positive emotionality) of women in their yearbook photographs and their self-reported well-being decades later. Seder and Oishi (2012) had 2 main questions. For their first question, they examined whether positive emotional expression in informally posed photographs, such as...
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Company Introduction IKEA is known as one of the most successful global retailers that the world has ever seen. Known for their excellent customer fulfillment system, warehousing techniques, good relationship with suppliers, etc., but most of all its furniture product line that delivers stylish quality at a low-cost strategy. The culture within the company is known to create a unique atmosphere for its employees and customers, ensuring they perform at the highest level. The established Ingvar Kamprad is known to...
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IKEA is a Europe based multinational company that sells over 12,000 products worldwide. The company was founded in 1943 in Sweden and specializes in furniture. It was founded by Ingvar Kampand. He was one of the richest persons in the world in 2016. In this paper, I am going to explain the unethical incident occurred in 1994 with IKEA. The paper also discusses the methods to cope with the unethical incidents and what kind of decisions can be taken at...
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