WorldCom Assignment to be Reviewd Example | Topics and Well Written Essays - 3500 words

WorldCom to be Reviewd - Assignment Example The causes and results of the fines that were imposed by the SEC (Securities and Exchange Commission), a staggering $750,000,000. In addition to that, understand how could the company announce accounting irregularities amounting to $11,000,000,000 and also their relevant financial reporting that caused such irregularities. To completely paint the picture of the bankruptcy, there is a need to cover practical and academic aspects of organizational structure, the staff (individuals, teams and groups), and the culture that predominated WorldCom and made it possible for the business entity to commit such fraud and deceit. In addition to that above, I want to share some light into the leadership of WorldCom and its role in the eventual demise of it. Was it all a matter of leadership, good or bad, or perhaps that are some underlying reasons that caused the bankruptcy. There are a number of factors that need to be studied in relation to WorldCom. For instance, what is the role of the external auditors of WorldCom in the bankruptcy and fraud. Were they a part of it or they simply ignored wrongdoings and kept things running as they were without intervention. The above discussion has been done based on the secondary data available. However, effort has been put to discuss the same in light of the related theories in academia. Adding to the above discussion, a detailed analysis would be carried out to show the effect of the crisis on its various stakeholders. In Human Resource Management, human beings are assumed as the most significant asset within an organization. The discussion has been provided to provide an insight as how this crisis affected its most significant assets. At the end a conclusion has been inferred from the entire analysis and discussion. The object of this research paper is to come to understand how this business and accounting fraud took place and how the government and other concerned parties missed on this for

Why did the United States invade Iraq Term Paper

Why did the United States invade Iraq - Term Paper Example Therefore if a state functions within its own territories in a way that causes massive violations of these essential principles like manufacturing weapons of mass destructions or carrying out activities like genocide, then it is indeed a potential threat to the world community. The maxim â€Å"injustice anywhere is a threat to justice everywhere† is very relevant here. The world has become a small global village wherein we are so interconnected that the act of one will affect another directly or indirectly. Actions of each and every state are now a matter of concern and should be closely scrutinized to prevent an era of disharmony leading to a situation like that of world wars. In the decades following the horrors of World War II and the genocide of European Jews, the world community was shocked and UN spurred by these terrible crimes demonstrated the renewed political will of bringing together the nations to combat any such threat to world peace and welfare in future. It has now become a general principle accepted both in  law  and practice that imperialism and foreign invasion were antithetical to the right of self-determination, which was understood to be the basis of the post-World War II worldwide  order. In the light of above mentioned principles of international law and its protected principles, an attempt has been made here to study the reason and legality of US’s attack on Iraq on various ground. ... We are still in a speculation mode regarding why exactly USA invaded Iraq; whether the motive was to actually disarm them of any weapons of mass destruction or was it because Bush administration eyed the oil wells of Iraq. In the era where the international values are â€Å"peace, security and the well being of the world†, it is not at all acceptable that a country wage war on another country for selfish ulterior motives, under the garb of protecting the noble principles of international law. Thus there is no denying the fact that there is an utmost urgency to probe into the reasons of such invasions. The USA’s invasion was criticized as illegal war legalized by misusing the international principles. If this is true then we are facing a very imminent threat posed by the developed countries to developing countries and this war will act as a bad international precedent for the same. Hence the actual reason behind the invasion of Iraq is a million dollar question. HISTORIC AL PERSPECTIVE USA and its allies attacked Iraq under the pretext that Saddam Hussein was in possession of weapons of mass destruction and it was likely that he would pass along those arms to al Qaeda. However the validity of such a ground was later found to be highly diluted. Experts thereafter postulated that we cannot all together rule out the possibility that this war was the outcome of enigmatic psychology of bush, particularly with respect to his relationship with his father along with the irresistible temptation of getting a strong hold over the prized Mesopotamian oil fields. Possibly he sought to "finish the job" that his father had begun in 1991 or may be to avenge Hussein who was alleged to have made attempts to