INTRODUCTION Provide a short introduction about the Economic Crisis. THE SITUATION Provide a summary of what was the situation all about THE PROBLEM/S What was the status of the Economy? How was the inflation rate,
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Crisis for "Global Financial Crisis Of 2008-2009". *information is in the photo.
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- READ THE ARTICLE BELOW AND ANSWER THE QUESTIONS THAT FOLLOW:Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA EthicsExams and Misleading InvestigationLargest Penalty Ever Imposed by SEC Against an Audit FirmWashington D.C., June 28, 2022The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheatingby its audit professionals on exams required to obtain and maintain Certified Public Accountant(CPA) licenses, and for withholding evidence of this misconduct from the SEC’s EnforcementDivision during the Division’s investigation of the matter. EY admits the facts underlying theSEC’s charges and agrees to pay a $100 million penalty and undertake extensive remedialmeasures to fix the firm’s ethical issues.“This action involves breaches of trust by gatekeepers within the gatekeeper entrusted to auditmany of our Nation’s public companies. It’s simply outrageous that the very professionalsresponsible for catching cheating by clients cheated…READ THE ARTICLE BELOW AND ANSWER THE QUESTIONS THAT FOLLOW:Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA EthicsExams and Misleading InvestigationLargest Penalty Ever Imposed by SEC Against an Audit FirmWashington D.C., June 28, 2022The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheatingby its audit professionals on exams required to obtain and maintain Certified Public Accountant(CPA) licenses, and for withholding evidence of this misconduct from the SEC’s EnforcementDivision during the Division’s investigation of the matter. EY admits the facts underlying theSEC’s charges and agrees to pay a $100 million penalty and undertake extensive remedialmeasures to fix the firm’s ethical issues.“This action involves breaches of trust by gatekeepers within the gatekeeper entrusted to auditmany of our Nation’s public companies. It’s simply outrageous that the very professionalsresponsible for catching cheating by clients cheated…Please do not give solution in image formate thanku ReadThomas L. Friedman (2005) The world is flat a brief history of twenty-first century. Are the theories from Friedman still valid in 2023? Give an example. Also describe three things that could be done in a persons life to prepare to excel in what friedman describes as a flattening world
- A) Assuming you are the company secretary of a construction firm in Ghana, what will be the ten (10) key areas regarding the roles a n d duties you will perform on the board as the company secretary and the company as a whole? B) As a company secretary, suggest to the board five (5) circumstances that may lead to the appointment of a director being terminated? C) Ghana was not long ago in the news as a result of the collapse of some commercial banks. The reasons for the collapse were attributed to weak governance structures among others. There is a new bank which is about to be set up in Accra. As a corporate governance consultant, suggest to the directors five (5) ways in which the application of Corporate Governance Principles will be beneficial for the new bank.Prepare a statement for Mr Tsakos, the chief executive, to read at the EGM to address the following areas. (i) An explanation of the roles of the chief executive in managing the issues described in the case at Bobo Company; (ii) A defence of the company’s decisions on the Bobo Foo from a ‘pristine capitalist’ ethical perspective (using Gray, Owen & Adams’s framework).The last Joint Commission report for Community Hospital was unfavorable with regard to employee ongoing education. Top executives admitted they set other priorities and the managers concurred. Overall the report was very good and the managers were pleased, but determined to focus on education during the coming year. With this mandate, upper-level management developed one corporate objective relating to education as the budget process for the coming year began. This corporate objective read: Corporate objective III: To educate health care professionals within the enterprise to meet the health care needs of society and to define 5-year plans to meet educational needs for several professional groups. The corporate objectives were distributed and discussed at a meeting with middle managers. The responsibility for developing departmental objectives for the coming year was delegated to the managers. Community Hospital culture was participative in nature and the flowchart in Figure 5-1 in…
- The last Joint Commission report for Community Hospital was unfavorable with regard to employee ongoing education. Top executives admitted they set other priorities and the managers concurred. Overall the report was very good and the managers were pleased, but determined to focus on education during the coming year. With this mandate, upper-level management developed one corporate objective relating to education as the budget process for the coming year began. This corporate objective read: Corporate objective III: To educate health care professionals within the enterprise to meet the health care needs of society and to define 5-year plans to meet educational needs for several professional groups. The corporate objectives were distributed and discussed at a meeting with middle managers. The responsibility for developing departmental objectives for the coming year was delegated to the managers. Community Hospital culture was participative in nature and the flowchart in Figure 5-1 in…The last Joint Commission report for Community Hospital was unfavorable with regard to employee ongoing education. Top executives admitted they set other priorities and the managers concurred. Overall the report was very good and the managers were pleased, but determined to focus on education during the coming year. With this mandate, upper-level management developed one corporate objective relating to education as the budget process for the coming year began. This corporate objective read: Corporate objective III: To educate health care professionals within the enterprise to meet the health care needs of society and to define 5-year plans to meet educational needs for several professional groups. The corporate objectives were distributed and discussed at a meeting with middle managers. The responsibility for developing departmental objectives for the coming year was delegated to the managers. Community Hospital culture was participative in nature and the flowchart in Figure 5-1 in…Based on the scenario in the photo answer the following questions. A-Help management understand the issue from Jack’s perspective. Describe the ethical dilemma that Jack faces. What is the issue? Who are the parties involved? If you were Jack, what would you consider when making a decision? B-Help management understand the elements of the fraud triangle in this situation which increase the chances of fraud. Why is this fraud? What are the opportunities, motivations and rationalizations that you see? How does this affect the business financially? C-Help management come up with a plan to minimize the likelihood of this happening in the future. Be sure to mention specific components of the COSO framework.
- In conducting a SWOT analysis, Ali found that the company has a skilled workforce, a good market share and strong financing. This would be addressed in analyzing the company’s __________. __________. Weakness. Strengths. Opportunities. Threats. Strategies.I need type answer. . How do the integration of strategic foresight, stakeholder engagement, and data-driven decision-making enhance the multifaceted skills required for effective business goal setting in a dynamic and globally competitive environment?Wells Fargo The Wells Fargo recent crisis over mismanaging customer relationships, fraudulently implementing illegal and unethical sales practices with trusted clients, has cost the company in fines, lost business, and the resignation of the CEO. The following online sources offer a narrative and factual source of what happened, when, to whom, and why. 4. How were the illegal and fraudulent activities discovered? 5. Who was to blame? 6. What unethical activities occurred before the illegal actions took place? 7. What would you have done, if anything, had you been one of the sales professionals pressured to engage in unethical, illegal practices there? 8. How would a stakeholder approach, if taken by the company’s top leaders and board of directors, have possibly prevented the crisis?