The Rise And Fall Of Enron - 1900 Words

The Rise and Fall of Enron One of the most basic tenets of all companies, whether small or large, is to create a principled corporate culture. Those ethical principles must start with the executives of the organization and trickle down to the individual employees. Leaders affect the employees’ decision-making process, yet they tend to adopt the same rationale as their leaders when reaching a decision. The leadership of a company needs to find a balance between risk and creating opportunity. While generating revenue and growth are paramount, at most, organizations, executives set the tone regarding what actions and behaviors are acceptable to achieve these objectives. This paper will explore what happened to Enron when its leadership†¦show more content†¦Jeffrey Skilling was hired by Lay in 1990 after working in a consulting capacity for three years. Skilling served in leadership roles within various Enron subsidiaries before becoming president and chief operating officer at Enron in 1997. He served as Chief Executive Officer of Enron for nine months in 2001 before resigning from the company for personal reasons. Skilling hired Andrew Fastow in 1990 because he was familiar with energy marketplace deregulation. Fastow worked in numerous capacities at Enron before ultimately being named Chief Financial Officer in 1998 and served in that position until the Securities and Exchange Commission commenced an investigation into irregularities in the company’s behavior. Under the leadership of Skilling and the prowess of Fastow, in the 1990s, Enron altered its accounting method and starting using mark-to-market accounting. Mark-to-market accounting permitted Enron to add anticipated profits from a new project to their balance sheet without the project generating revenue. If the real profit proved to be lower than expected, Enron would transfer the loss to a special-purpose entity. The special-purpose entities created a way for the losses to go unreported. Under Fastow’s direction, Enron devised a way to write off losses without affecting the core business and stock value. Due to these practices, Enron’s balance sheet overstated earnings and understated their liabilities.

Love Is a Fallacy Free Essays

LOVE IS A FALLACY LOVE is one of the reason why good things is present in this life. Its significance to human is inevitable that its absence may cause the world in great jeopardy. It is the greatest gift of GOD and no amount of wealth could ever compensate its value. We will write a custom essay sample on Love Is a Fallacy or any similar topic only for you Order Now It is one of the reason why the many races and cultures of this world can blend in peace, order, unity, harmony and the likes. God himself being the author of the most profound act of love that amount to the coming of HIS most precious SON to redeem and reconcile the world to HIM. However, these truths doesn’t suite to the message of the story because the orientation of the Author is guided by the principles of logic which falls out rightly to the counterpart. In this story, LOVE is a fallacy in the mind of the writer because of its personality that is influenced by the principles of logic. Defining love in a very superficial sense that simply conforms to the requirement of the flesh. But what is really the meaning of LOVE to us? All wants to love and to be loved. We are loved since we came into this world. Our parents raised us up by their love. Provided for our basic needs, devoted their lives with us and there always in great or troubled situations. If we are not brought in the love it is simple not possible to express love to others. Love is vital in any relationship. But some situations in life that we happen to witness confused us what love really is. There are people love based on material considerations, wherein they believed that the presence of material blessedness defines certainty of their future. They put so much consideration this aspect, that equality in ability or status provides a promising journey of happy relationship. And this idea still a norm in this present day. Others base on physical attributes, wherein they consider inner beauty is of lesser significance. Some uses different perspective, they wanted a person who has an excellent mind ability, considering the fact that being intelligent will give a certainty for a better future. In the long run once they fail to their expectations both will be in a great mess. With this examples mentioned above I agree that Love is a fallacy if we conform to the principle and ideals of the writer. Love makes things wonderful. It is profound feeling that we felt towards our love ones, it is not force or change or dictated by others. Even the most painful circumstances of life could not be able to dwindle or will to love and to be loved. Love starts in us before we can share it to others. We often express it in many ways through our caring, understanding to others. Its should express mutually never should be force by any of life circumstances like physical attributes, status, ability, wealth, influence and the things that are superficial that can only define of satisfy the requirements of the sinful flesh. CORINTHIANS 13:4-8 *** Love is patient, love is kind and is not jealous; love does not brag and is not arrogant, does not act unbecomingly; it does not seek its own, is not provoked, does not take into account a wrong suffered, does not rejoice in unrighteousness, but rejoices with the truth. Love bears all things, believes all things, hopes all things, endures all things. Love never fails*** How to cite Love Is a Fallacy, Essay examples

Related Text For Belonging free essay sample

Proposal for a Related Text Looking for Alibrandi is a good example of expanding on the theme of belonging. Jose is a confused girl who is searching to find where she belongs in her two different cultures and trying to find a balance of both. Jose being a bastard reflects how she does not feel she belongs in her family, as her nonna has always blamed Joses mother, Christina for her birth. A quote that proves this is Nonna says where lucky to be included, because were cursed we don’t really belong. Joses father is not in the picture leaving Christina as a single parent which is frowned upon in society. At school she is put down through racist remarks about her culture and about not having a father figure. At St Marthas it’s all about money, prestige and what your father does for a living. We will write a custom essay sample on Related Text For Belonging or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page These are all reasons why Looking for Alibrandi is a good related belonging text. Looking for Alibrandi is a good example of expanding on the theme of belonging. Jose is a confused girl who is searching to find where she belongs in her two different cultures and trying to find a balance of both. Jose being a bastard reflects how she does not feel she belongs in her family, as her nonna has always blamed Joses mother, Christina for her birth. A quote that proves this is Nonna says where lucky to be included, because were cursed we don’t really belong. Joses father is not in the picture leaving Christina as a single parent which is frowned upon in society. At school she is put down through racist remarks about her culture and about not having a father figure. At St Marthas it’s all about money, prestige and what your father does for a living. These are all reasons why Looking for Alibrandi is a good related belonging text. Looking for Alibrandi is a good example of expanding on the theme of belonging. Jose is a confused girl who is searching to find where she belongs in her two different cultures and trying to find a balance of both. Jose being a bastard reflects how she does not feel she belongs in her family, as her nonna has always blamed Joses mother, Christina for her birth. A quote that proves this is Nonna says where lucky to be included, because were cursed we don’t really belong. Joses father is not in the picture leaving Christina as a single parent which is frowned upon in society. At school she is put down through racist remarks about her culture and about not having a father figure. At St Marthas it’s all about money, prestige and what your father does for a living. These are all reasons why Looking for Alibrandi is a good related belonging text. Looking for Alibrandi is a good example of expanding on the theme of belonging. Jose is a confused girl who is searching to find where she belongs in her two different cultures and trying to find a balance of both. Jose being a bastard reflects how she does not feel she belongs in her family, as her nonna has always blamed Joses mother, Christina for her birth. A quote that proves this is Nonna says where lucky to be included, because were cursed we don’t really belong. Joses father is not in the picture leaving Christina as a single parent which is frowned upon in society. At school she is put down through racist remarks about her culture and about not having a father figure. At St Marthas it’s all about money, prestige and what your father does for a living. These are all reasons why Looking for Alibrandi is a good related belonging text.

How to Teach Reported Speech to Students

How to Teach Reported Speech to Students Teaching students reported or indirect speech can be complicated by the all the changes that are required when moving from direct speech into reported speech. First off, students should understand that reported speech is quite useful in conversational English as relating what someone has said using quote and unquote is awkward at best. A further aspect of reported speech is encouraging students to use other reporting verbs beyond say and tell. Introducing the Concept to Students Start with Tenses Start with simple examples in which changes are only made in tense. For example: Write on the Board: Direct Speech Tom said, I enjoy watching action movies.becomes Indirect Speech Tom said he enjoyed watching action movies. Direct Speech Anna told me, I went to the shopping mall.becomes Indirect Speech Anna told me she had gone to the shopping mall. Move on to Pronouns and Time Expressions Once students have understood the basic concept of stepping one step back into the past when reporting in the past, they can easily begin to make the minor changes in pronoun and time expression usage. For example: Write on the Board: Direct Speech The teacher said, Were working on the present continuous today.becomes Indirect Speech The teacher said we were working on the present continuous that day. Direct Speech Anna told me, My brother Tom has been to Paris twice this year.becomes Indirect Speech Anna told me her brother Tom had been to Paris twice that year. Practice Provide students with a chart of the principal changes in reported speech (i.e. will - would, present perfect - past perfect, etc.). Ask students to practice the reported speech by beginning with a reported speech worksheet  or by asking them to change sentences from direct to reported speech. Once students have become comfortable with direct to indirect speech transformations, practice reporting through the use of interviews as in this reported speech lesson plan.As students become familiar with the reported speech, introduce a wider range of reporting verbs to help students move post say and tell. Advanced Issues Once the basics have been understood, there are a few more advanced issues to discuss. Here is a quick outline of some of the more problematic aspects of the reported speech that students might find confusing. Reporting Tense: Says instead of Said - Sometimes, in the moment of speaking a speaker may use the present tense to report what has been said. In this case, there is no change in the tense. However, changes in pronouns apply. For example:Teacher: Were going to work on the reported speech. Please turn to page 121 in your book.Student 1: I cant understand. What are we supposed to do?Student 2: The teacher says we are going to work on the reported speech on page 121.Tom: I think this is a great idea!Peter: Andy, I didnt understand.Andy: Tom tells us he thinks its a good idea.Other Reporting Verbs: Advise / Instruct / Etc. Infinitive of Purpose - A number of reporting verbs use the infinitive of purpose to express the idea, rather than using a transition of the tense. For example:Teacher: Were going to work on the reported speech. Please turn to page 121 in your book.Student 1: I cant understand. What are we supposed to do?Student 2: The teacher instructed us to work on reported speech and turn to page 121.Teacher: I think you should hurry up and finish the activity.Student 1: I didnt understand.Student 2: The teacher advised us to hurry up and finish the activity.

The Great Barrier Reef - Worlds Largest Reef System

The Great Barrier Reef - Worlds Largest Reef System Australias Great Barrier Reef is considered to be the worlds largest reef system. It is made up of over 2,900 individual reefs, 900 islands and covers an area of 133,000 square miles (344,400 sq km). It is also one of the Seven Natural Wonders of the World, a UNESCO World Heritage Site and it is the worlds biggest structure made out of living species. The Great Barrier Reef is also unique in that it is the only living organism that can be seen from space. Geography of the Great Barrier Reef The Great Barrier Reef is located in the Coral Sea. It is off the northeast coast of Australias state of Queensland. The reef itself stretches over 1,600 miles (2,600 km) and most of it is between 9 and 93 miles (15 and 150 km) from shore. In places the reef is up to 40 miles (65 km) wide. The reef also includes Murray Island. Geographically, the Great Barrier Reef stretches from Torres Strait in the north to the area between Lady Elliot and Fraser Islands in the south. Much of the Great Barrier Reef is protected by the Great Barrier Reef Marine Park. It covers over 1,800 miles (3,000 km) of the reef and runs along Queenslands coast near the town of Bundaberg. Geology of the Great Barrier Reef The geologic formation of the Great Barrier Reef is long and complex. Coral reefs began forming in the region about between 58 and 48 million years ago when the Coral Sea Basin formed. However, once the Australian continent moved to its present location, sea levels began to change and coral reefs started to grow quickly, but changing climate and sea levels after that caused them to grow and decline in cycles. This is because coral reefs need certain sea temperatures and levels of sunlight to grow. Today, scientists believe that complete coral reef structures where todays Great Barrier Reef is were formed 600,000 years ago. This reef died off however due to climate change and changing sea levels. Todays reef began to form about 20,000 years ago when it started growth on the remains of the older reef. This due to the fact that the Last Glacial Maximum ended around this time and during glaciation sea level was much lower than it is today. Following the end of the last glaciation about 20,000 years ago, sea level continued to rise and as it got higher, the coral reefs grew on the hills being flooded on the coastal plain. 13,000 years ago sea level was almost where it is today and the reefs began to grow around off the coast of Australia islands. As these islands became further submerged with rising sea levels, the coral reefs grew over them to form the reef system present today. The current Great Barrier Reef structure is about 6,000 to 8,000 years old. Biodiversity of the Great Barrier Reef Today the Great Barrier Reef is considered a World Heritage Site due to its unique size, structure and high levels of biodiversity. Many of the species living in the reef are endangered and some are endemic only to that reef system. The Great Barrier Reef has 30 species of whales, dolphins and porpoises. In addition, six species of endangered sea turtles breed in the reef and two green sea turtle species have genetically distinct populations in the north and south of the reef. The turtles are attracted to the area due to the 15 species of sea grass that grow in the reef. Within the Great Barrier Reef itself, there are also a number of microscopic organisms, different mollusks and fish that inhabit spaces inside the coral. 5,000 species of mollusk are on the reef as are nine species of seahorses and 1,500 species of fish, including the clownfish. The reef is composed of 400 species of coral. The areas closer to land and on the islands of the Great Barrier Reef are biodiverse as well. These places are home to 215 bird species (some of which are seabirds and some of which are shorebirds). The islands within the Great Barrier Reef are also home to over 2,000 types of plants. Although the Great Barrier Reef is home to many charismatic species like those previously mentioned, it should also be noted that a variety of very dangerous species inhabit the reef or areas near it as well. For example, saltwater crocodiles live in the mangrove swamps and salt marshes near the reef and a variety of sharks and stingrays live within the reef. In addition, 17 species of sea snake (most of which are venomous) live on the reef and jellyfish, including the deadly box jellyfish, also inhabit nearby waters. Human Uses and Environmental Threats of the Great Barrier Reef Due to its extreme biodiversity, the Great Barrier Reef is a popular tourist destination and around two million people visit it per year. Scuba diving and tours via small boats and aircraft are the most popular activities on the reef. Since it is a fragile habitat, tourism of the Great Barrier Reef is highly managed and sometimes operated as ecotourism. All ships, aircraft and others that want to access the Great Barrier Reef Marine Park need to have a permit. Despite these protective measures, however, the Great Barrier Reefs health is still threatened due to climate change, pollution, fishing, and invasive species. Climate change and rising sea temperatures are considered the greatest threats to the reef because coral is a fragile species that needs water to be about 77ËšF to 84ËšF (25ËšC to 29ËšC) to survive. Recently there have been episodes of coral bleaching due to higher temperatures. To learn more about the Great Barrier Reef, visit National Geographics Great Barrier Reef interactive website and the Australian governments webpage on the Great Barrier Reef.

Ernest Hemingway Hills Like White Elephants Essay

Ernest Hemingway Hills Like White Elephants - Essay Example As soon as the girl is pregnant, the American presses for an abortion saying that it will be a simple operation because he doesn’t want to settle down like the ‘white hills’ and still wants to enjoy life like the ‘elephant’. The emotional substance behind their togetherness is negated by the American’s attitude and Jig ultimately realizes this. While the American has choices, Jig is left with none. She has to either lose the baby or the man. She has to choose between her love and her responsibility. While she chooses to listen to the American because she loves him, she ultimately realizes that the element of love itself is lost, for, he doesn’t love her. Else, he wouldn’t have worn that facade of love only for pleasure and just to run away like a coward as soon as the trouble comes. The way they react to the problem in hand is also different. Jig is asking different questions and is genuinely interested in solving the problem. On the other hand, the American’s goal is to get rid of the problem instead of facing or solving it.

How strategic business management can attain its objectives without Research Proposal

How strategic business management can attain its objectives without affecting employees and customers - Research Proposal Example The researcher states that in strategic business management, there are various guiding theories, principles and practices. These are intended to steer the fundamental goals and objectives of the company in the context of increasing sales and covering wider areas of the market. Additionally, the writer continues to state that, with well-stipulated management principles and theories, there are bound to be challenges. Alternatively, Drucker compliment what Cousins talks of the clear stipulation of corporate objectives. On that aspect, the two authors want managers and workers to understand the various concepts and principles of management and how to, effectively, utilize resources of the company. Furthermore, by understanding management, managers and employees are able to work in smooth coordination, which is beneficial for the business and company in terms of increased clients. Similarly, the authors call for constant evaluation of management goals through retrainings and adoption of m odern technology. On the other hand, Davenport mentions and explains the various approaches that are critical for both managers and workers in the strategic innovation of the economy on the basis of dynamic innovations. For example, the author explains the need to employ tools such as suitable technology, qualified workers and offering motivational incentives to workers. In addition, he explains about visionary leadership on the side of managers and response to complaints from the customers among others as the most paramount tools of effecting strategic change in business. (Davenport 2007, p.67). However, Steve, J (2009) have come up with five imperative disciplines when it comes to exemplary performance for any company. These disciplines include respect for clients, timely provisions of products and services, clear study of the market demands, motivation of the workforce through better wages and encouragement and effective leadership (Steve 2009, p.56). Furthermore, the writers obs erve that companies should accept modern challenges that afflict businesses hence affecting strategic management as ways of improving on their strong areas. On that perspective, Brutus (2006) discusses in depth the challenges that afflict organizational management in terms of the dynamics employed to increase sales and improve on profits. Similarly, the author delves into the setbacks that affect companies when they face challenges such as poor leadership from top management, unmotivated employees and slow response from customers, which in turn affects the market demand, and hence company sales (Brutus 2006, p.110). Additionally, this interferes with strategic management set by company executives and the obligation of meeting them on time. 2. The Conceptual Framework Therefore, in terms of a conceptual framework, several factors involved will be drawn from the literature studied previously. However, the research proposal must mention that effective strategic business management is p aramount for the success of any company that aspires to succeed (Carl, 2003, p.87). Similarly, utilization of resources, quick response to client complaints and adoption of initiatives targeted at advancement of the company has several benefits for long and short terms. Alternatively, business managers and other corporate executives should aim at incorporating the various stakeholders such as clients and competitors in the picture of drafting workable strategic business management. On that aspect, this research proposal cannot forget to mention the predicaments associated with strategic business management. For instance, undefined goals and objectives set by company executives and lack of through of the market pattern among other limitations. On that prospect, factors such as timely adoption of technology,