Enron Corporation The Largest Energy Trading Essay

Enron Corporation is the largest energy-trading located in Houston, Texas. It was founded by Kenneth L. Lay in 1985. Enron has been form through the merger between Houston Natural Gas and InterNorth Incorporation and initially named it as HNG/Inter-North Incorporation, before renames it as Enteron. In 1986, the company name has been shortened to Enron Corporation. At the beginning of the operation, Enron only involved in the transmission and distribution of electricity and gas throughout the United States. After that, Enron has expanded the business to information and communication, and machine metal industry. The company has providing services and products that related to natural gas, oil, broadband, pulp and paper, water as well as electricity and has been distributed it worldwide. Besides that, Enron involved in developed, created, and operated power plants and pipelines. In 2000, the annual revenue has been reach $100 billion and it has lifted Enron as the seventh largest natural gas pipeline system in the US and sixth largest energy company in the world. Enron has acquires 41 companies and has been considered as the most innovative company for six consecutive years. However, due to fraud scandals that involving its accounting firm which is Arthur Andersen and Enron’s managements, Enron has been announces bankrupt in 2001. Enron Corporation can be considered as one of the largest fraud scandals in history of U.S. The fraud has been conducted by Enron’s top managementsShow MoreRelatedEssay on Overview of the Enron Scandal1217 Words   |  5 Pages Enron Corporation was an energy company founded in Omaha, Nebraska. The corporation chose Houston, Texas to home its headquarters and staffed about 20,000 people. It was one of the largest natural gas and electricity providers in the United States, and even the world. 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Although it was one of the most well known companies, it was also one that crashed and burned the fastest, shock ing many people when it did. Not only did it end fast, the company caused quite a scandal which is still being discussed and reviewed in today’s world. Enron’s bankruptcy scandal was so widely known because of the many people who associated themselves with the companyRead MoreEthical Ethics And Corporate Ethics Essay1306 Words   |  6 Pages2001, when, Enron, a natural gas pipeline company went from having $65 billions in assets to being bankrupt 24 days after. Enron Corporation was founded in 1985, in Houston, Texas, it was a merger between Houston Natural Gas Co. and InterNorth Inc. Enron reached dramatic heights, it was the seventh largest corporation in America, and named the â€Å"Most innovative company† by Fortune magazine for 6 years straight. 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In this paper shows analysis reason of factors that lead to Enron demise and also lessons can be learnt from Enron case study. The approach which have used in this paper to respond, the case study question are the background of the case organization and how business structure had been use by theRead MoreEnron Accounting Scandal1706 Words   |  7 PagesThe Enron Accounting Scandal of 2001 There are many accounting scandals that have occurred throughout United States History. Many scandals occur even without outsiders knowing anything that had occurred. Companies try their best to keep many of the accounting scandals quiet. Everyday, there are political and business fraud happening, and most of it goes unnoticed. No company wants to admit that there was a problem or that people within the company are not trust worthy. However, when executivesRead MoreExecutive Office Of Houston Natural Gas1689 Words   |  7 Pages Enron was created in 1985 when Houston Natural Gas and InterNorth merged together. Houston Natural Gas was a utility company based in Houston, Texas before being taken over by InterNorth. InterNorth was a very large energy company based out of Omaha, Nebraska. They specialized in natural gas pipelines, but also were successful in the plastic industry, coal and petroleum exploration and production. In the beginning Kenneth Lay, who was the Chief Executive Office of Houston Natural Gas, becameRead MoreEnron Was The Largest Trader Of Electricity, Energy And Natural Gas1139 Words   |  5 Pages Alessia Scolaro Accounting II Before its collapse, Enron was the largest trader of electricity, energy and natural gas in the world. Founded in 1985 by businessman Kenneth Lay, Enron quickly became one of the largest corporations in America. It was a company who claimed to valued itself on integrity and truthfulness and whose main goal was to try to change the way the world bought and sold energy. Unfortunately, greed and arrogance along with accounting fraud lead to its ultimate demise.Read MoreEnron Case Study Analysis1699 Words   |  7 PagesBusiness Strategy Enron Case Study 09/08/12 Enron Case Study: From Company to Conspiracy 1. What is the History of Enron, and what current situation does it find itself in? Enron was created by a combination of companies. These companies were Houston Natural Gas and InterNorth. These companies were merged together in July 1985. CEO of Houston Natural Gas, Kenneth Lay became chairman and CEO of the combined company. This happened in February 1986. The company changed its name to Enron on April 10th

Maus A Work of Subtle Nuances to Define Truth - Free Essay Example

Sample details Pages: 3 Words: 1020 Downloads: 7 Date added: 2019/04/01 Category Society Essay Level High school Tags: Truth Essay Did you like this example? When discussing compelling and highly nuanced literary works, most would not consider a graphic novel capable of delivering any kind of high caliber or highly nuanced level of information. Until recently, graphic novels have been a novelty pastime shared only by children and adolescents. Modern graphic novels like Maus are starting to challenge these notions and dissolve any preconceived thoughts of what literary art must be defined as. Don’t waste time! Our writers will create an original "Maus: A Work of Subtle Nuances to Define Truth" essay for you Create order Maus employs the use of art, white space, and strong layouts to convey the feelings of realism without being too pushy or perverse. Along with literary art, Maus has also pushed the boundaries and our beliefs of what non-fiction encompasses becoming a biographic non-fiction novel through the crafty ability to cope with the tragedy of the holocaust without the overshadowing of a person auto-biographical account of living through tragedy. Maus has set a high bar for expectations and shows this through a complex graphic narrative that details a firsthand account of the holocaust but also the tragedy of being born to a father that has lived through the atrocities. Maus is a non-fiction graphic novel that provides a painfully honest account of family life during the holocaust and uses a graphic medium and storytelling techniques to assist the author in depicting highly complex and sensitive topics in a relatable way. Maus is a non-fiction, highly complex graphic novel which uses animal imagery and caricatures to assist in the development and portrayal of sensitive, complex and often painfully honest topics including the author, Art Spiegelmans life. Spiegelman uses animal imagery to categorize the human race into several unconventional stereotypes which, at first glance, might be hard to miss. In Maus one and two, those from Jewish descent were animalized and depicted as human rats. This might seem strange but this antisemitic propagandizing view depicting Jews as rats can be traced back to the 1920s when the film Der Ewige Jude (The Eternal Jew) which attracted more than 412,300 spectators (Museum) was shown all over Germany. This same sentiment was spotlighted throughout history and can be seen outlined in Defining the Holocaust Encyclopedia: An Encyclopedia dedicated to outlining and historically documenting the Nazi Party program. Further explanation of the use of this imagery can also be see n by Hannah Beckler, an undergraduate at University of Colorado who discusses the use of animal imagery in her paper Discursive Construction of Referential Truth in Art Spiegelmans Maus. Beckler also discusses the outlined psychology of the human mind and how we ultimately perceive the use of these animal characterizations. Beckler describes Siegelmans choice of depiction as, a literalization of a metaphor that obliges the reader to more fully grasp the blatant racism. The use of this imagery is a way for Spiegelman to further develop the readers mind and start building the capital needed to develop this as a work of non-fiction. Readers are left with a strong sense that this story is depicting real, true-to-life facts which is needed when a story is attempting to distinguish itself from fiction or non-fiction. Maus uses a graphic medium and non-standard storytelling techniques to assist the with the depiction of highly complex and sensitive topics in a relatable way. Through panel shape and manipulation of presented artwork, Spiegelman relies on the reader to develop missing information without sacrificing the overall story. This ability to develop and create a sense of realism without overexposing its reader to witnessing the atrocities leaves the reader appreciative and serves as a way to develop a sense of realism without overexposure to the inherent graphic nature of the holocaust. This is most notably seen on panel five where Spiegelmans father Vladek is recounting a time when he watched a German solder jump on someones neck, killing him (2: 50). This scene starts out with German soldiers lining up Jews during their imprisonment in Auschwitz when a Jew pushes his way out of line to talk to one of the German soldiers saying, I dont belong here with all these Yids and Polacks I am Germ an like you. The German guard responds by killing the outlier by jumping on his neck. This scene in a traditional graphic novel would have been high detailed without overtly hiding any detail. Instead Siegelman decides to show this image in a different way. He hides the killing action of the foot stomp and removes the face of the person getting killed. This helps keep the reader focused on the content instead of being caught up in the details of the picture. Beckler describes this as, the employment of cognitive perceptual closure as the reader uses their previous knowledge of the texture, color, and material to fill in the missing sensorial details (18). This simplification of artistic style does not distract the reader from the story, but enhances the story and in many ways which not only makes it more enjoyable but, assists further in the credibility of truth in the story. This non-fiction graphic novel uses combinations of animal imagery and caricatures to assist in the development and portrayal of sensitive, complex and often painfully honest topics. Mauss use of straight forward and raw story telling techniques may be unorthodox but, they assist with developing the story without leaving the reader fighting with the idea of a truthful narrative. Instead, the reader is left with a strong sense that this story is depicting real, true-to-life facts which is needed when a story is attempting to distinguish itself from fiction or non-fiction. When attempting to distinguish between whether something is Fiction or non-fiction the literary work must be subject to some form of external review and Spiegelmans art assist greatly with this without changing the broader topic or narrative. Work Cited Beckler, H. (2014). The Comic Book as Complex Narrative: Discursive. Boulder, CO. Retrieved from ttps://scholar.colorado.edu/cgi/viewcontent.cgi?article=1042context=honr_theses Spiegelman, Art. Maus: A Survivors Tale. New York: Pantheon Books, 1986. Print. Spiegelman, Art. Maus II : a Survivors Tale : and Here My Troubles Began. New York :Pantheon Books, 1991. Print. United States Holocaust Memorial Museum. Introduction to the Holocaust. Holocaust Encyclopedia. https://encyclopedia.ushmm.org/content/en/article/introduction-to-the-holocaust. Accessed on 12/11/2018

The Shoe Store Incident Free Essays

This scenario provides a case for gender discrimination. Gender discrimination is illegal under Title VII (Bennett-Alexander Hartman, 2007). In addition, in this scenario I will provide the legal and ethical issues that arise in this case. We will write a custom essay sample on The Shoe Store Incident or any similar topic only for you Order Now Furthermore, this paper will explain what Bob should do in this scenario. Title VII Issues Discrimination comes in all shapes and sizes, and managers have to be careful not to cross the line and do the wrong thing. Companies do not want lawsuits for discrimination or anything else. The storeçâ€" ´ best customer, Imelda, probably did not intend to offend anyone nor did she probably know that she was discriminating against anyone. Many times discrimination is not intended. Customers generally believe they are always right and get what they want. However, in this instance the customer is very wrong. Requesting a female employee over a male employee is a form of discrimination, gender discrimination. Gender discrimination is illegal under Title VII (Bennett-Alexander Hartman, 2007). If Bob asks Tom to step aside and allow Mary to assist Imelda with her purchases, he will be Ã¥ ¦ ¬n violation of Title VII and can be held liable to the employee for gender discrimination. Customer preference is not a legitimate and protected reason to treat otherwise-qualified employees differently based on gender(Bennett-Alexander Hartman, 2007, p. 283). Legally and ethically, Manager Bob cannot swap employees Tom and Mary simply because Imelda wants it. Choice Tthe customer is promising to buy five pairs of shoes if she gets a female employee to help her. This would be a huge purchase for the store, great for the profit margin as well as a large commission for the employee. On the other hand, not providing a female employee may denote a missed sale, Imelda may leave the store. Swapping employees would cheat Tom out of his commission. This would be unethical. Tom deserves his commission; he should not be asked or told to give this up. The Shoe Store has very clear company policies. Company policy does not allow two employees to split the commission (UOPX, 2013, para. 5). As stated previously, having Tom give up his commission would not be fair. Company policy rotates employees to keep commissions as fair and equal as possible (UOPX, 2013, para. 5). Manager Bob need to explain to Imelda as nicely and calmly as possible that he is very sorry, but cannot provide her with a female employee. Bob should promise Imelda that Tom is a very nice man and that she will be in very capable hands; ensure her that Tom knows shoes and will treat her and her feet right. Bob should smile and guarantee her that she will be happy with the service she receives. Bob should apologize for the problem, explain that he contacted his regional manager to see if he could make an exception to company policy this time and was told no, and explain that the company risks a discrimination lawsuit. Finally, tell Imelda that he understands if she chooses to shop elsewhere today and apologize again. Bob should not get into an argument with the customer; it is out of the stores control. Conclusion Knowing the law is important for any manager. When questions arise that cannot be answered easily, ask for help. Title VII does not allow discrimination because of gender, meaning a man cannot be treated differently from a female and visa verse. In this case, all must be treated equally. Company policy will not allow Tom and Mary to split the commission and asking Tom to give up his commission would be illegal. Imelda will need to make her own decision whether to shop at the Shoe Store and allow Tom to assist her or leave for another store or until another day. The company must do what is right and legal. The store must treats its employees properly and do what is legal and ethical. Whereas Imelda may not be happy, the company cannot do anything that may bring a lawsuit against them. How to cite The Shoe Store Incident, Papers

Public and Private Policing free essay sample

Police, Securityguard, Security, Crimeprevention, Constable, Criminaljustice, SurveillancePublic and Private Policing The growing privatization of police services is a global phenomenon. It was first widely noted in the United States in a 1972 Rand Corporation study commissioned by the National Institute of Justice. Several years later, Stenning and Shearing observed that a â€Å"quiet revolution† toward private policing had occurred in Canada. South documented a similar trend in both western and eastern European countries. And an update of the original Rand assessment in 1985 concluded that private security outspent public law enforcement by 73 percent and employed two and a half times as many people. Public and private policing have many similarities, as well as differences and the distinction between public and private police are often blurred. Private policing, while emerging as a new industry, is not a new phenomenon and predates the existence of public police as witnessed today (Wilson 1994, p. 285). There are at least three reasons for the dramatic increase. First, in both post-industrial and developing nations, there has been an increase in what Stenning and Shearing call â€Å"mass private property†: shopping malls and gated communities. These spaces have traditionally fallen outside of the domain of public police, although this is now changing. Second, the fear of crime among those with property has grown faster than government’s willingness to spend more money on police protection. In many countries, this fear of crime among the propertied classes was intensified by the transition from authoritarian to democratic rule. Third, private police forces have often placed a higher priority on visible patrol than public police, hoping to deter crime through their presence. As early as 1971 Scott and McPherson worried that private policing might infringe upon civil liberties with impunity. Formal and familiar mechanisms exist around the world to hold public police accountable for their actions, but accountability mechanisms for private police are less well understood and often emanate from private rather than public institutions. In many cases, the state has little power or incentive to hold private police accountable. Stenning, however, believes that the inadequate accountability of private police has been overstated; marketplace competition, consumer pressures, demands of organized labor, and potential civil liability, he argues, compensate for lesser state regulation and oversight. Public policing has been known to have a monopoly on policing until the increased trend of private policing in the United States. Public police consist of the governmental department charged with the regulation and control of the affairs of a community, now chiefly the department established to maintain order, enforce the law, and prevent and detect crime. Private policing refers to that policing activity of crime prevention, detection and apprehension carried out by private organizations or agents for commercial purposes. Private policing may be defined to include those people who work for a security company or are employed by an individual or firm to carry out security work, crowd control or private investigations. In seeking to describe the policing activity of private police, however, most functional definitions stem from the perceived role of the public police (Nalla Newman, 1990). Private police look and behave like public police and describing their function often involves a comparison of the activities and responsibilities of the two. Despite the differences, public and private police tend to mirror each other to a certain extent (Nalla Newman, 1990). Private policing is provided by a private individual or organization, rather than by a public body or the state like public policing is. Private police are seen to be concerned with the protection of personal and corporate interest while public police represent the interests of the public and seek to enforce the regulations of the judicial system. The police are persons with a special legal status employed by governments to preserve the peace (Shearing, Farnell Stenning, 1980,) Private policing, in comparison to public policing, has been described as passive policing as to active policing, or as proactive and preventative rather than reactive: where public police generally react to the crime, private police through surveillance and presentation are seen to prevent crime. (Wilson 1994) Private policing targets private crime and is in the business of protecting private and corporate interests. Private policing usually operates behind the traditional and legal boundaries where the public police cannot lawfully cross unless by invitation or probable cause. This leads to the private policing sector having a broader enterprise than public policing, with a wider range of functions. (South, 1988, p. 4) One difference between public and private police is private investigators are hired by individuals or businesses for a certain purpose and work mostly behind the scenes or undercover doing surveillance while Public policing is known to society as the police who protect our communities and arrest those individuals who commit crime. Public policing has the role to maintain law and order, preserve peace and prevent crime. Public police are employed by governments and paid for by tax dollars and grants. Another difference between the role of public and private policing is the private providers of security is their flexibility. They can, and will, perform most tasks they get paid to do. Their customers can demand a lot from them, since they are directly answerable to the paying clients and their needs. The private entrepreneurs are also forced to do right by the market. If they fail, they will lose their money. Public police do not have the negotiation factor and are paid on salary, no matter how they perform or how efficient they are in performing their duties. Many have said that private policing is for the rich and public policing is for the poor. This could be effectively argued based on the fact that private policing is not designed to consider the general good for society, like public policing. Private policing is primarily protecting the interests of their paying clients and focuses more on loss prevention, rather than crime prevention. Private policing has been scrutinized and concern has expressed that private security can be overly intrusive, less than scrupulous in its adherence to self-imposed guidelines and, on occasion, the law, and threatening to civil liberties. Although public and private both play a major role in society, they do have different responsibilities. The responsibilities of a public officer include preserving the peace, preventing crimes and other offenses, assisting victims of crime, apprehending criminals, laying charges, prosecuting and participating in prosecutions, executing warrants, performing the lawful duties assigned by the chief of police, and completing the required training. The responsibilities of a private officer include training for private investigators and security guards is generally the responsibility of the employer. No license is required if the private investigator or security guard is hired . in house,. which means that he or she is an employee of, for example, an insurance company, court house, law firm, or store. Compared with police officers, private security in Canada is characterized by the following: lower wages, minimum or no recruitment standards, higher percentage of part-time work, higher turnover rate, lower levels of education, and minimum or no training (Marin,1997). In conclusion, Public and private policing are major components in the criminal justice field. It would be impossible for our communities to feel secure without the combination of both forces. The focus has been on public and private policing to effectively interact and cooperate with each other. Understanding the importance of one anothers responsibilities and roles could lead to a great partnership. Throughout recent years, some law enforcement agencies have come to realize how to benefit from private policing. Private security personnel differ from police officers in a number of ways. Private security personnel work for clients who pay them for services rendered, while police officers are responsible for serving and protecting the public. Minimum requirements and training are considerably less for private security than for police officers.