Corporations have influenced the lives of many people in more ways that they can recognize. This is manifested even in minor acts such as using corporate jargons in daily conversations. An example given by Griffin (2011) is the word “bottom line,” which is originally a...
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Essays on Corporate Culture
Enron had a corporate culture that contributed to its bankruptcy due to unethical behavior that included financial gain and did not look at anything else. The unethical behavior such as performing corrupt acts, lying to customers, cheating on balance sheets, fraudulent practices and information about...
Apple unveiled the “Digital Hub Strategy” in January 2001. Jobs said ‘We are living in a new digital lifestyle with an explosion of digital devices. It’s huge enough for anyone. And we believe the PC, or more importantly, the Mac can become the digital hub...
“A little narcissism is good. At least that’s what I am telling myself,” is what Andy Dunn (2017), CEO of Bonobos Inc, answered when asked about his own narcissism. Narcissism is generally perceived as a bad character trait. Is Dunn then right when he says...
The increased accounting scandals in the past previous years that caused subside of high reputable companies such as Enron have led several sectors to focus on amending accounting quality and corporate governance (Emmanuel & Salisu, 2018). Corporate governance is the system that is used to...
At the beginning of the 21st century, with the development of the economy, the form of organization became increasingly complex, and the competition among enterprises became gradually fierce. The competitive advantage of business not only depend on tangible assets such as capital and product, but...
The administration and top executives at Enron were caught involved in unethical activities such as abusing their power by manipulating data, getting involved in inconsistent treatment with internal and external voters, proving unable to provide proper oversight over responsibilities and putting their own interests before...
General Motors Company, also known as General Motors or GM, has been driving the cutoff points of transportation and innovation for more than 100 years. General Motors has a vision of a future with zero accidents, zero emissions and zero congestion and they are committed...
In the last reported year, Amazon, the multinational e-commerce company’s net revenue was almost 177. 87 billion U. S. dollars, up from 135. 99 billion US dollars in 2016. Also, in 2018, Amazon is listed as the 5th most innovative company in the world by...
In order to infer whether a company is well managed, we must understand the company’s business activities. It goes without saying that it’s through the scrutiny of Financial statements that we understand these business activities. These statements report on a company’s performance, financial condition and...
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