Final Paper: Case Study of WorldCom Financial Statement Fraud Introduction This paper will discuss the financial statement fraud committed by WorldCom by examining what led up to the fraud, who committed it and why, and the impact it caused on various stakeholders and the economy. WorldCom applied aggressive and undisclosed accounting tactics to provide financial statements that reflected a $10 billion profit for the years 2000 and 2001, rather than the actual combined loss of $73.7 billion
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Key Success Factors There are several key success factors for Apple, Inc. that have made it successful in the markets that it competes in. First, the company is constantly coming up with new and creative innovations. In the personal computer industry, it created MacBooks in 2009. In the personal media player industry Apple created the iPod. This followed with the creation of the itunes store, which catapulted iPod sales. This was due to the fact that consumers could download and store
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Toyota (Chapter 1) Overview. This case concerns the systems used by Toyota to become the third largest automobile manufacturer in the world. The case illustrates how this organization strives to serve customers and achieve a profit. The case intentionally emphasizes features of Toyota's manufacturing system, rather than its marketing strategies per se, to show how the whole organization is focused on serving customer wants and needs, not just the marketing department. Suggestions for Discussion
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Jobs was born on February 24, 1955, in San Francisco, California. * Education: Reed College, Homestead High School * Occupation: Entrepreneur, Inventor 1 Apr 1976: Apple Computer Inc. is incorporated by Steve Jobs, Steve Wozniak and Ron Apr 1989: Steve Jobs is named 'Entrepreneur of the decade' by Inc. magazine Jul 1997: Gil Amelio is ousted by the Apple Board of directors after a disastrous quarter. Steve Jobs is named interim CEO in his place and installs his NeXT executive team
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MOUNT KENYA UNIVERSITY VIRTUAL CAMPUS DEPARTMENT OF MANAGEMENT MASTER OF ARTS, GOVERNANCE AND ETHICS CONTINUOUS ASSESSMENT TEST I MDS 521 GOVERNANCE AND LEADERSHIP SKILLS DEVELOPMENT Instruction to students * Deadline October 30th 2013 or earlier * Assignment should be typed in prose not on bullet points * Font: new times roman * 12 points * Normal margins * minimum of 30 pages 1.5 spaced * Should indicate at least a minimum of 5 reference
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Case 3: Apple Inc. Summary: In 1976 Apple Computer was founded by Steve Jobs and Steve Wozniak. The mission of Steve Jobs was to bring an easy-to-use computer to the market. Apple quickly became an industry leader. However this success ended when Apple almost went bankrupt. Microsoft invested a large amount of money in Apple, which saved the company. It was the iPod that set Apple on its explosive growth path. Apple moved from the computer industry to a mobile device company. Nowadays Apple
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Revenue FY05: $ 13.7 billion ( 12% increase from FY04) Manufacturing: Nike brand had 137 factories in Americas (including US), 104 in EMEA, 252 in North Asia and 238 in South Asia. Subsidiaries: Cole Haan Holding, Inc, Bauer Nike Hockey, Hurley International LLC, Nike IHM, Inc, Converse Inc, Exeter Brands Group LLC. Forecasting & Planning In the modern supply chain, forecasting is necessary for Nike to manufacture items for inventory and that are not made to order. Nike will use material forecasting
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Apple re-invents the textbook Centuries have gone by that students and professors alike have carried around bulky, boring, heavy textbooks. In an effort to change history forever, Apple, once again is venturing into a new market; textbooks. Over the decades, people started to change the way they learn, while textbooks did not change that drastically. Apple looks to change this by offering very cheap textbooks in an intuitive, creative manner that looks to reduce book weight, increase value, and
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Daniel Forino MBA 592.01.02 Organizational Behavior Winter 2013 Professor Nugent Culture Paper The company/organization I have selected is Nike Inc. Started as Blue Ribbon Sports (BRS) in 1964 by founders Phil Knight & Bill Bowerman and BRS started as a distributor for Onitsuka Tiger a Japanese shoemaker (now ASICS). Not just distributors, BRS were a part of the design process of the Onitsuka Tiger brand. In 1971 BRS branched out to start their own product offerings with the vision and company mission
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iApple Computer, Inc.: Maintaining the Music Business While Introducing iPhone and Apple TV INTRODUCTION According to Apple Computer's 2007 10-K Annual Report, "The Company is committed to bringing the best personal computing, portable digital music and mobile communication experience to students, educators, creative professionals, businesses, government agencies, and consumers through its innovative hardware, software, peripherals, services, and Internet offerings." The company's 2005 Mission
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