Enrons corporate ethics policies Research Paper Example | Topics and Well Written Essays - 750 words

Enrons corporate ethics policies - Research Paper Example The ethical dilemma that faced Enron involved satisfying shareholders interests and the need to service all the corporate constituents. Satisfying shareholders would attract more investors and create a good public image for the company, but it would be difficult to meet fully the greedy needs of those who contribute to the company’s operations; hence, a point of equilibrium was desirable to balance the two parties’ requirements. The 64-page code of ethics for Enron was founded on respect, integrity, communication, and excellence. Critiques have described Enron as having the culture of arrogance (McLean & Elkind, 2003). This culture of arrogance lured people to believe that they had the potential for handling greater risks without encountering any danger of incurring losses. The culture of the company was characterized by laxity in promoting the values of respect and integrity. The undermining of these values is evidenced by the company’s emphasis on decentralization, employee performance appraisals, and the discriminatory compensation programs. The Houston Natural Gas and InterNorth were merged on 1985 to form Enron (Niskanen, 2005). During the early 1990s, Enron sold electricity at market prices, but soon after the United States approved the legislation to deregulate the sale of natural gas, the markets made it possible for companies such as Enron to sell energy at comparatively higher prices. The objective of Enron was to achieve further growth; the company, therefore, pursued a diversification strategy. This led to the company operating and operated a variety of businesses across the world, which allowed Enron for the proliferation of crony capitalism. The financial statements of Enron were characterized by complexity and confusing to both analysts and shareholders (Niskanen, 2005. Enron’s complex business model required the company to use accounting limitations in misrepresenting earnings and modifying the balance sheet to

Role of Media in Politics

Role of Media in Politics Media is a means on which people of today rely to be informed of social, economic and political aspects in their country and other countries around the world. It is therefore critical for media, in any form, to be as accurate and edifying as possible in order for the people of a nation to use the information given to make educated choices. In South Africa, specifically, media is to a great extent an essential tenet in safeguarding our democracy because it allows accurate political, social and economic information to be brought to the masses. The media has great freedom in being able to verify this information and convey the truth to the public through newspapers, radio and television due to the freedom and rights that the South African Constitution allows the media. These freedoms and rights include its protection, the ability to criticize the government and access to state-held information, as long as no rights are violated in the process. There is great interaction between media and politics. This is evident as it is way in which citizens are made of aware of the decisions and policies the government is making and implementing, and are reflection of events that occur as a result of these decisions and policies. Prior to 1994 mass media was largely controlled by the government and held no legitimacy to the majority of the population. The media during Apartheid was not free to inform the people of inefficiencies in the government and would depict black revolutionaries as an enormous threat to the state. It is evident how important the media is and how it ensures that our democracy is never destroyed because it reflects our constitution. During that time what was considered to be the truth according to a newspaper report was not necessarily an accurate account of what happened. If you wanted to tell the truth, things such as banning, security police visits in the middle of the night, detention without trial and censorship could become you occupational hazards. access to government was impossible.  [1]  The media is greatly influenced by the system of governance over a country therefore a totalitarian system fully recognizes the power over the media and ensures that information published would not cause social and political unrest or a contest to the governing body. Post-1994 the media has transformed from being biased and limited to receiving new freedoms and rights that ensure that the public, especially those whom are underprivileged, receive access to a media that promotes equality, truthful information and alerts to threats in opposition to our democracy. A democracy requires this transition as the people hold the power in a democracy. The individuals are unable to select people to run the government properly if they are unaware of the circumstances in the country. This would lead to people making uneducated votes about who should be in the government and who has the best leadership qualities to be our president. The media has the ability to uncover corruption and errors made in the government, according to the rights set out in the Bill of Rights, which can be discovered through state-held information and any information that one requires from another person for the protection of the state.  [2]  In this way the public can make informed decisions when electing a new government. These decisions would be based on being informed about current affairs such as xenophobic attacks, strikes, inefficiency in government, corruption, human rights issues (Zapiro cases), the Information Bill and the way in which our leaders resolve these issues. The Information Bill has caused much debate within South Africa and is a current challenge facing South African media. Many view the bill as clear and present danger to open democracy in general- Nic Dawes. The Information Bill is essentially a movement to be able to classify information that is considered to be in the national interest (a democratic and appropriate way to deal with sensitive issues). This is a laudable intention, and the ANCs point of view is that the media has too much freedom, more than anyone else. à ¢Ã¢â€š ¬Ã‚ ¦our impressions are that the media has more freedom than all the freedoms that all of us enjoy. Media freedom supersedes all other freedoms.  [3]   However, the rest of the proposed intentions have claimed to be to vague and that it à ¢Ã¢â€š ¬Ã‚ ¦effectively criminalises investigative journalismà ¢Ã¢â€š ¬Ã‚ ¦Ã‚  [4]  In this way the government can with hold information that has the potential to end corruption and prosecute people such as Jacki Selebi and Schabir Shaik, in turn opening the ability to abuse the law. The media will therefore not be able to inform the people as they intend, because of their lack of substantial evidence supplied by the state. The media can no longer be an essential precept in the safeguarding of our democracy and power would be in the hands of government, as they will have the ability to classify files. In the event that the information Bill is passed, the South African constitution will lose credibility as the two documents have contradictory elements. It restricts everyone to access of information and the ability to make decisions based upon all information concerning the government as a citizen. Further more parliamentarians and elected officials will be undermined in their ability to hold the state liable. As a result the democracy will be threatened, as free media is a key aspect of a true democracy. A concern linked to the Information Bill is that surrounding the Broadcasting Amendment Bill 2008 which looked to amend the Broadcasting Act 1999 so as to include the removal and resignation of board members. The SABC (South African Broadcasting Corporation) attracts 40% of South Africas radio listeners and 70% of its television watchers. Jacob Zuma won the majority in Parliament and the Broadcasting Amendment Bill successfully passed. He therefore had the power to replace the entire SABC board and replace them with new people some being Zuma appointees. This was the first move in Jacob Zumas plan to co-opt the SABC. Phil Molefe was unilaterally appointed Head of News by the Chairperson of the new SABC Board, Dr. Ben Ngubane (a Zuma appointee), instead of by the chairperson of the SABC Board as a whole. Again, this was a violation of the law.  [5]  The media is yet again under threat, as power in media by the government is not constituted in democracy. Power of the government in the media is not constituted in a democracy. It is important to keep the media power and the power of the government separate in order to have fair media that is unbiased. One can deduce from this that media does play a great role in protecting democracy as it allows the people to keep the power, instead of government. Jonathan Shapiro (Zapiro), a well-known satirist in South Africa, could be argued as someone within the media whom does not, to a minor extent, protect our democracy. Zapiro has been in two major legal cases in the past two years. In both these cases Zapiros freedom of expression has been contested against the rights of others. It is on these grounds that one may argue that Zapiro is perhaps being un-democratic in his drawings because he has offended many people in the cartoons he draws. One could argue that he is aware that his cartoons are not keeping the peace in society as they call for character judgements (Jacob Zuma vs. Zapiro) and religious divide (Zapiros depiction of the prophet Muhammed) which ultimately go against democratic principles in that it unintentionally segregates people. There are Muslim people who were deeply offended about the cartoon Zapiro drew of Muhammed. As a media driving force, Zapiro should be concentrating on bigger powers that threat democracy rather than depicting Muhammed in response to South Park being restricted to do so, which is against Muslim faith. The Muslim societys right to demand that Zapiro refrain from drawing Muhammed is set against Zapiros right convey his own ideas. However, those whom have a problem with the cartoon do not necessarily want Zapiros freedom of expression to be taken away, For I as a South African Muslim, I regard freedom of speech as sacrosanct, even if it means I have to defend the right of Zapiro to depict the Prophet  [6]   Lady Justice is seen to be lying on the floor about to be raped by Jacob Zuma with the help of his political allies. (Addendum A) Zuma launched a lawsuit against Zapiro on the account that his individual rights are being violated. One could view the cartoon as a misjudgement of character or slander as it suggests that our president is morally corrupt. It further insulted women as they saw it as gender inequality. Conversely Zapiro has not offended the rights of the people he depicts in his cartoons according to the constitution. He has merely used his freedom of expression to be able to satirise current events. The Lady Justice satire was widely misconceived. It was neither referring to womens injustices nor was it implying that Zuma raped someone. It was satirical in that Zuma was presently being accused of rape but the case was dismissed and Zapiro created the metaphor of the actual justice system being in a sense raped. Essentially it is a metaphor as the Lady Justice is a symbolic figure. It can therefore not be said that Zapiro is accusing Zuma of rape. Zapiro aims to encourage public debate and knocking politicians off their pedestals. This is important as it brings reality to the fact that the people have power over the government and not the other way around. The media are not always perfect however enforcing stricter self-regulatory systems are the best way in which to make sure human rights and freedoms are never violated. The media needed to be watched by independent watch dogs, but giving power over the media to the government does not assist in media being protectors of our democracy. People within the media such as Jonathon Shapiro, although sometimes causing uproar, contribute to our democracy in initiating debates, opinions and free thinkers. No single person, no body of opinion, no political or religious doctrine, no political party or government can claim to have monopoly on truth it has therefore always been our contention that laws, mores, practices and prejudices that place constraint on freedom of expression are a disservice to society  [7]   The role of the media today is to inform the people, especially the under-privileged. From this people can make informed choices that concern the running of our country. The different media sectors each provide information that is accurate and does not violate the Constitution of South Africa in order for us to make such choices. There are many challenges that face different media figures and the media in general, but the medias freedom is what drives our democratic system. With media not being monopolised or restricted, the people can ultimately hold the power over the government which is the concept of democracy. It can therefore be said that the media in South Africa post-1994 have an enormous role to play in society and is to a great extent safeguarding our democracy. Addendum A: Lady Justice cartoon by Zapiro: Cartoon in response to draw Muhammad day by Zapiro:

Cold War :: essays papers

Cold War Discuss the Cold War events of the 1950’s. The 1950’s full of events and conflicts, the main one being the Cold War between the USA and the USSR. Events that lead up to the extreme tension during the cold war, were relations with the Vietnamese. The Vietnam War took place over a battle for communistic prevention. The fear of communism spreading tied in with the relations dealing with the USSR’s communistic society. In Europe there were revolts against communism as well. East Germany was revolting in 1953, along with Poland and Hungary in 1956, who got crushed by the Soviet army. The American government did not interfere with these conflicts for fear of starting a war. The Cold War also took place in the Middle East. Both Jews and Arabs proclaimed it as their homeland. While supporting Israel, the American Government worked to prevent other stronger, oil-rich countries from falling into communist rule. In addition to this was when the American and British forces, cut off aid to Egypt, due to the fact that the ruler that was seeking Soviet support. In 1956 British and French forces attacked Egypt to gain control of the Suez-Canal. Reacting to this situation the USSR, threatened the US and Britain, so Eisenhower persuaded his allies to withdraw. The Cold War also took place in Latin America. USA spread their influence into South America, setting up American organizations in South American, the US could stick a foot in the door of communism. When the Americans overthrew the Guatemalan government, the Soviet Union got furious. They felt that the American Government was escalating the Cold War. In 1958 Fidel Castro overthrew the present Cuban dictator, resulting in the United States becoming angry again.

Lexus challenges Mercedes Essay

A. Introduction. Toyota offers luxury and quality setting the trend through its new model, Lexus, giving the same almost privileges to the buyer as the ones that a Mercedes owner enjoys at a half price. B.The problem. Extremely high competition on behalf of Toyota towards a multinational car industry like Mercedes whose name is synonym to luxury and status that offers if somebody owns one. Unknown expectations and responds from the part of the candidate buyers. C.Internal issues. (strengths) Toyota was offering a car that had the same performance with Mercedes at a reasonable price. Toyota made the public believe that he or she is a smart buyer since they could have a luxurious car, which in order to have it, they wouldn’t throw their money just to gain more status. Toyota was planning to market the new model with a multiple warhead attack. Lexus had a luxurious interior, and a sculptured look with fine fit and finish. Also the engine was smooth as well as the ride. Lexus cost 50% less than a Mercedes model with the same engine and standard equipment. Toyota paid much attention to the designing of the showrooms and to the professional salespeople that was planning to hire. Cheaper spare parts than Mercedes. Toyota was offering a 12-minute videotape to the buyers with which outweighed the advantages over Mercedes. Lower taxes. According to the magazine Car and Driver issued on April 1997, the annual token for Toyota Lexus GS 300 is 16.250.000 drachmas, where the annual token for Mercedes SEL 300 is approximately 20 million. C. Internal issues.(weaknesses) Not the same status that Mercedes has set up decades ago. Cheaper spare parts might also be problematic ones. Inexperienced personnel in case something could go wrong with the launched cars. Many Toyota agents might not be able to represent Lexus because of financial reasons since this model would be the flagship of the car industry. On the other hand, most Mercedes agents are able to represent a luxury models like the SEL500. Mercedes produces cars whose engines are above 2000cc. and doesn’t produce any models with an engine less than the above. Lexus is the only Toyota’s model that exceeded the limit of 2000cc. That’s why Mercedes has the kind of status nowadays and is difficult to be taken down.  · Toyota is a Japanese car industry and many Europeans might prefer to buy a European car since Mercedes is a German industry. C. External issues. (threats) Mercedes might maintain or raise its prices and add generous guarantees and services like for example free repairs for six years. Other car industries like Toyota might follow the same strategy of producing luxurious cars and so Mercedes would not be the unique competitor in this category. C. External issues. (opportunities) People who bought Lexus were delighted and the buyers raved to their friends and became the best salespeople for the new Lexus. The Mercedes power system in wealth offered, and other car industries like Jaguar, Rolls-Royce, and BMW was beginning to collapse. D. Alternatives. Toyota could keep on advertising Lexus as much as possible and should try to develop the specific model more, in parts of technology, safety, engine, and look. Also, Toyota could spend more money in order to make its showrooms and service provided the same and even better than those that Mercedes has. E. Recommendations. For many years Mercedes-Benz is producing cars with big engines and endless hulls adjusting its equipment to the world standards of safety and technology. If Toyota is powerful enough to pass through all the stages that Mercedes went in order to become one of the best industries of luxury cars worldwide, then maybe sometime in the future Toyota will be able to compete Mercedes with the only difference that the last would be one step ahead. According to my opinion, in Mercedes reigns one dictum: Only the best is good enough†¦

Education and Mark Twain Tags

â€Å"Live as if you were to die tomorrow. Learn as if you were to live forever. †Ã‚   ? Mahatma Gandhi tags:  carpe-diem,  education,  inspirational,  learning 38,294 people liked it like â€Å"I have never let my schooling interfere with my education. †Ã‚   ? Mark Twain tags:  education 11,482 people liked it like â€Å"You can never be overdressed or overeducated. † ?  Oscar Wilde tags:  education,  fashion 6,803 people liked it like â€Å"You educate a man; you educate a man. You educate a woman; you educate a generation. †Ã‚   ? Brigham Young tags:  education,  feminism,  men,  women 3,833 people liked it like â€Å"The world is a book and those who do not travel read only one page.    ? Augustine of Hippo tags:  allegory,  books,  broad-mindedness,  classic,  education,  imagery,  travel,  world 3,650 people liked it like â€Å"Education is the most powerful weapon which you can use to change the world. â⠂¬ Ã‚   ? Nelson Mandela tags:  change,  education 2,344 people liked it like â€Å"Whatever the cost of our libraries, the price is cheap compared to that of an ignorant nation. †Ã‚   ? Walter Cronkite tags:  education,  ignorance,  intelligence,  libraries 2,006 people liked it like â€Å"Education is the ability to listen to almost anything without losing your temper or your self-confidence.    ? Robert Frost tags:  education 1,846 people liked it like â€Å"When you know better you do better. † ?  Maya Angelou tags:  education,  intelligence,  knowledge,  wisdom 1,709 people liked it like â€Å"The past has no power over the present moment. † ?  Eckhart Tolle tags:  education,  inspirational,  life,  philosophy,  truth,  wisdom 1,564 people liked it like â€Å"Education: the path from cocky ignorance to miserable uncertainty. †Ã‚   ? Mark Twain tags:  education 1,267 people liked it like â€Å"Intelligence plus character-that is the goal of true education. †Ã‚   ? Martin Luther King, Jr. tags:  education ,160 people liked it like â€Å"The task of the modern educator is not to cut down jungles, but to irrigate deserts. †Ã‚   ? C. S. Lewis tags:  education 1,111 people liked it like â€Å"The best thing for being sad,† replied Merlin, beginning to puff and blow, â€Å"is to learn something. That's the only thing that never fails. You may grow old and trembling in your anatomies, you may lie awake at night listening to the disorder of your veins, you may miss your only love, you may see the world about you devastated by evil lunatics, or know your honour trampled in the sewers of baser minds.There is only one thing for it then — to learn. Learn why the world wags and what wags it. That is the only thing which the mind can never exhaust, never alienate, never be tortured by, never fear or distrust, and never dream of regretting. Learning is the only thing for you. Look what a lot of things there are to learn. †Ã‚   ? T. H. White,  The Once and Future King tags:  curiosity,  depression,  education,  learning,  teaching 1,045 people liked it like â€Å"If you want to get laid, go to college. If you want an education, go to the library. †Ã‚   ? Frank Zappa tags:  education,  sex 1,013 people liked it ike â€Å"Give a girl an education and introduce her properly into the world, and ten to one but she has the means of settling well, without further expense to anybody. †Ã‚   ? Jane Austen tags:  education,  women 980 people liked it like â€Å"Education without values, as useful as it is, seems rather to make man a more clever devil. †Ã‚   ? C. S. Lewis tags:  character-development,  education,  ethics 834 people liked it like â€Å"Eragon looked back at him, confused. â€Å"I don't understand. † â€Å"Of course you don't,† said Brom impatiently. â€Å"That's why I'm teac hing you and not the other way around. †Ã‚   ?Christopher Paolini,  Eragon tags:  education,  humor 828 people liked it like â€Å"I am not a teacher, but an awakener. † ?  Robert Frost tags:  carpe-diem,  education,  inspirational,  learning,  mentoring 819 people liked it like â€Å"In real life, I assure you, there is no such thing as algebra. †Ã‚   ? Fran Lebowitz tags:  algebra,  education,  humor,  mathematics 775 people liked it like â€Å"[Kids] don't remember what you try to teach them. They remember what you are. †Ã‚   ? Jim Henson,  It's Not Easy Being Green: And Other Things to Consider tags:  childhood,  education,  learning,  teaching 773 people liked it like Ideally, what should be said to every child, repeatedly, throughout his or her school life is something like this: ‘You are in the process of being indoctrinated. We have not yet evolved a system of education that is not a system of indoctrinatio n. We are sorry, but it is the best we can do. What you are being taught here is an amalgam of current prejudice and the choices of this particular culture. The slightest look at history will show how impermanent these must be. You are being taught by people who have been able to accommodate themselves to a regime of thought laid down by their predecessors.It is a self-perpetuating system. Those of you who are more robust and individual than others will be encouraged to leave and find ways of educating yourself — educating your own judgements. Those that stay must remember, always, and all the time, that they are being moulded and patterned to fit into the narrow and particular needs of this particular society. †Ã‚   ? Doris Lessing,  The Golden Notebook tags:  conformity,  education,  feminism,  knowledge-power,  quip,  school 740 people liked it like â€Å"Study without desire spoils the memory, and it retains nothing that it takes in. †Ã‚   ? Leo nardo da Vinci ags:  education,  schooling,  university 734 people liked it like â€Å"Prejudices, it is well known, are most difficult to eradicate from the heart whose soil has never been loosened or fertilised by education: they grow there, firm as weeds among stones. †Ã‚   ? Charlotte Bronte,  Jane Eyre tags:  education,  prejudice 700 people liked it like â€Å"The mind is not a vessel to be filled, but a fire to be kindled. †Ã‚   ? Plutarch tags:  curiosity,  education,  mentoring,  mind,  thinking 669 people liked it like â€Å"Without education, we are in a horrible and deadly danger of taking educated people seriously. †Ã‚   ? G. K.Chesterton tags:  education,  ignorance,  indoctrination 667 people liked it like â€Å"Often, it’s not about becoming a new person, but becoming the person you were meant to be, and already are, but don’t know how to be. †Ã‚   ? Heath L. Buckmaster,  Box of Hair: A Fairy Tal e tags:  education,  growth,  life,  self-acceptance,  self-realization 664 people liked it like â€Å"You know, sometimes kids get bad grades in school because the class moves too slow for them. Einstein got D's in school. Well guess what, I get F's!!! †Ã‚   ? Bill Watterson tags:  calvin-and-hobbes,  comic,  education,  funny,  school 662 people liked it like The educated differ from the uneducated as much as the living differ from the dead. †Ã‚   ? Aristotle tags:  education 625 people liked it like â€Å"Try not to have a good time†¦ this is supposed to be educational. †Ã‚   ? Charles M. Schulz tags:  education,  humor 589 people liked it like * Home * Authors * Topics * Quote of the Day * Pictures * Top of Form Bottom of Form Authors:  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z ————————â €”———————- Education Quotes * Grid  List * * Prev * 1 * 2 * 3 * 4 * .. * 40 * Next * Share220309 Education is the most powerful weapon which you can use to change the world.Nelson Mandela Change,  Powerful,  Weapon It is the mark of an educated mind to be able to entertain a thought without accepting it. Aristotle Mind,  Without,  Thought A liberal education is at the heart of a civil society, and at the heart of a liberal education is the act of teaching. A. Bartlett Giamatti Society,  Heart,  Act An education isn't how much you have committed to memory, or even how much you know. It's being able to differentiate between what you know and what you don't. Anatole France Between,  Able,  Memory My mother said I must always be intolerant of ignorance but understanding of lliteracy. That some people, unable to go to school, were more educated and more intelligent than college professors. Maya Angelou Mother,  Scho ol,  Ignorance Education is an admirable thing, but it is well to remember from time to time that nothing that is worth knowing can be taught. Oscar Wilde Time,  Nothing,  Remember Ads by Google Church Online Tired of your life? Find hope at Church Online westside-family. churchonline. org Education is the ability to listen to almost anything without losing your temper or your self-confidence. Robert Frost Without,  Anything,  LosingEducation is not the filling of a pail, but the lighting of a fire. William Butler Yeats Fire,  Lighting,  Filling Develop a passion for learning. If you do, you will never cease to grow. Anthony J. D'Angelo Learning,  Passion,  Grow An investment in knowledge pays the best interest. Benjamin Franklin Knowledge,  Best,  Interest In the first place, God made idiots. That was for practice. Then he made school boards. Mark Twain God,  School,  Made The roots of education are bitter, but the fruit is sweet. Aristotle Sweet,  Bitte r,  Roots Education is the key to unlock the golden door of freedom.George Washington Carver Freedom,  Door,  Key Education is not preparation for life; education is life itself. John Dewey Life,  Itself The only person who is educated is the one who has learned how to learn and change. Carl Rogers Change,  Person,  Learned Education is the best friend. An educated person is respected everywhere. Education beats the beauty and the youth. Chanakya Beauty,  Best,  Friend He who opens a school door, closes a prison. Victor Hugo School,  Door,  Prison I spent three days a week for 10 years educating myself in the public library, and it's better than college.People should educate themselves – you can get a complete education for no money. At the end of 10 years, I had read every book in the library and I'd written a thousand stories. Ray Bradbury Money,  Myself,  End Education is a progressive discovery of our own ignorance. Will Durant Ignorance,  Discov ery The only thing that interferes with my learning is my education. Albert Einstein Learning,  Interferes It is a thousand times better to have common sense without education than to have education without common sense. Robert Green Ingersoll Better,  Without,  SenseA human being is not attaining his full heights until he is educated. Horace Mann Human,  Until,  Full Education is a better safeguard of liberty than a standing army. Edward Everett Better,  Liberty,  Army No one has yet realized the wealth of sympathy, the kindness and generosity hidden in the soul of a child. The effort of every true education should be to unlock that treasure. Emma Goldman Sympathy,  Kindness,  True An educated person is one who has learned that information almost always turns out to be at best incomplete and very often false, misleading, fictitious, mendacious – just dead wrong.Russell Baker Best,  Person,  Learned —————— Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- Share with your Friends Share Everyone likes a good quote – don't forget to share. ————————————————- Popular Authors Abraham Lincoln Albert Einstein Buddha C. S. Lewis Dalai Lama Eleanor Roosevelt Helen Keller John F. 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