Descriptive Essay Sample

Enlightening Essay Sample Enlightening Essay Sample Enlightening Essay Sample:(Excerpt) The primary essential for sexual similarity in marriage is simply the surrender of the satisfaction design for the shared delight perfect. This implies each accomplice as opposed to looking for a simply close to home fulfillment will try to make the sexual experience similarly good to the next. This is a high perfect and not in every case simple to accomplish, however the best sex change in accordance with be discovered comes in those situations where this objective is most almost drawn nearer. The very information on commonality improves the joy of each, as does likewise the energy about each for the keenness of the other. At the point when one accomplice fulfills his enthusiasm without respect for the fulfillment of the other, there is from the outset bewilderment, at that point disappointment, lastly pull back against being called upon to serve without sharing. Our master exposition authors need to feature this may deliver coldness in the spouse and an appall at the sex demonstrat ion that may never be conquered except if she is so lucky as to go under the treatment of a skilled specialist or therapist. As indicated by our expert composing administration, yet the perfect of sharing similarly the fulfillment of the sexual involvement with marriage requires information by every one of the sex life systems and brain research of the other. This implies the old origination of the sexual forcefulness of the male and the sexual inactivity of the female must be surrendered. For a considerable length of time it was imagined that lady had moderately restricted sex want and that, in spite of the fact that she may appreciate the sex demonstration and now and again even strive after it, her satisfaction was of a gentle, inactive sort. Indeed, so generally was this example acknowledged that it was viewed as dishonorable for her to show a lot of sex enthusiasm. Any relinquishment of hindrances as far as anyone knows indicated an oversexed nature and was a quality of the concubine. Men, then again, were essentially the holders of a solid sex encourage, so consistent as to be effectively stirred at practically whenever thus amazing that it was a physical need to respect its fulfillment. Such an origination of the distinction between the sex idea of man and lady (advanced in a man-made world) was normally exceptionally advantageous to man. In addition to the fact that it entitled him to assume the predominant job in his marital sexual coexistence, however it likewise legitimized the twofold norm. Man's sex needs were basic and must be met somehow; lady's sex needs were not all that unyielding and could without much of a stretch be fulfilled inside the obligations of marriage. Moreover, you can peruse other engaging papers: Engaging Essay Writing The above engaging exposition composing test is a short portion of a custom paper composed by Our enlightening articles composing help is moderate! Regardless of whether you need research paper 15 pages, you will be shocked with our costs! Intriguing posts: Useful and Surprising Essay Explanatory Essay English Essay Writing Outline End Writing Cold War History Essay

Leadership management assignment 1 Essay Example | Topics and Well Written Essays - 1500 words

Administration the executives task 1 - Essay Example This is in accordance with the company’s enlistment approach to assist them with getting the most qualified at moderate compensation (Luecke 2003). This is along these lines done to guarantee that the chose individual to fill the situation of the chief is the best over the area. They got a few applications for the situation of the overseeing chief; the gathering experienced a thorough enlistment process lastly was left with a person to haggle with their beginning compensation at work. The staying individual was from Mexico. In the exchange procedure diverse arrangement aptitudes were delineated that came about into an effective with a couple of occurrences of failing. Its Human asset director spoke to the organization on the pay exchange table while the opposite side was the person whose beginning compensation was to be arranged (Jacks 2011). Individual Position Character A Human asset Manager He is a profoundly Sociable, Extrovert and law based B Newly selected worker Also ve ry outgoing, neighborly, pleasant, and exceptionally cognizant For new representatives of some random firm it is ordinarily protected to haggle for higher beginning pay rates before tolerating the proposition for employment in light of the fact that after this the new representative will be exposed to the typical pay increment installment plans of the organization, which relies upon unprecedented execution (Young 1975). The newcomer in this manner expected to haggle for a more significant salary than what they used to win in their previous position thus the requirement for the exchange abilities. The HR director of organization X likewise should be a decent arbitrator to ensure that they give the organization sensible costs and it is happy to arrange the beginning pay of the worker in general. The representative is however considering the alternative of first arranging the fundamental compensation since given their character they are probably going to be befuddled on the off chance that they consolidated the exchanges along with those for different advantages. This would be to the weakness of the worker if the pre-decided compensation were at that point promoted (Zartman 1978). A â€Å"Hello Mr. F, this is X organization as we talked via telephone, I look you are here to discuss the compensation bundle of the bid for employment that we just shortlisted you for recently. As per the organization arrangement, we would be happy to offer you a compensation bundle of $60,000 yearly in addition to the advantages, which would fluctuate contingent upon a few factors. Would you approve of that?† B :I am keen on the activity yes yet I would wouldn't fret in the event that you offered me a compensation bundle of $68,000 every year in addition to the bundles as we would arrange on the off chance that it is at the eventual benefits of the company,† A â€Å"$68,000 isn't even the normal business rate take off alone what we ordinarily begin offering our workers. Nonetheless, in light of your aptitudes and assumed skill, we would wouldn't fret offering you a $65,000 bundle yearly and the advantages as it would be arranged. What about that?† B Thank you for your offer and I am unquestionably keen on the position and Company. Would i be able to hit you up later this evening or before anything else A â€Å"You are generally welcome and profoundly value the time that you took to introduce yourself for interviews. If it's not too much trouble try imparting tomorrow given that we have to fill the position right away. Anyway, your positive reaction will be exceptionally valued. Pleasant time.†

Lorrie Moore Free Essays

In the story â€Å"How to Become a Writer†, Lorrie Moore takes the peruser through what is by all accounts her own Journey on how she turned into an essayist. The story is told in Second Person. The manner in which she composes, in second individual, she appears to think about the peruser literally through her Journey on â€Å"How to Become a Writer†, however you, the peruser are the character. We will compose a custom article test on Lorrie Moore or then again any comparative subject just for you Request Now Moore expounds on how â€Å"you† will apply to school, â€Å"you† will appear at an inappropriate class, and â€Å"your† mother won't comprehend this composing gig. Her style eems to attract the peruser holding tight for the following thing that will occur in â€Å"your† life. She viably causes the crowd to feel like they are at school, in an inappropriate class or that they are essentially remaining in their kitchen indicating their mother the haiku they composed at the ready age of fifteen and she gazes at them â€Å"Blank as a donut† (Moore p. 652) and she says â€Å"How about exhausting the dishwasher†(Moore p. 652). The basic subject of this story is that â€Å"you† are continually battling with a plot, and o one very comprehends â€Å"your† works. This battle is a pertinent battle for Moore, just as numerous youthful understudies. All through the short story she clarifies this normal pattern of â€Å"no plot† even still you read on and can not resist believing is there a point to this story? The no plot topic appears to play a more profound job. As most will battle with the decisions of life and a decent lot of individuals will even feel as though they have stayed stale and truly not done excessively. Moore truly effectively expresses this idea. She makes the peruser truly relate. Undergrads can particularly relate. With all the brokenness an understudy suffers with picking what to do and afterward like Moore thinking again and changing their major. This story was clever and snide. Leaving you with a perm-a-smile, since you can thoroughly relate. The style of composing was something surprising for me to peruse yet I incredibly delighted in it. Albeit abnormal it was fascinating. The most effective method to refer to Lorrie Moore, Papers

Feminism in Sor Juana Essay -- Sor Juana Estela Portillo Trambley Essa

Woman's rights in Sor Juana In Estela Portillo Trambley’s play Sor Juana the primary character Sor Juana Ines de la Cruz was viewed as probably the most punctual women's activist. Sor Juana’s unceasing battles to read and unflinching longing for information and astuteness, from whatever source it might be, bolster this characteristic. As I would like to think nonetheless, there are additionally noteworthy components of the play that recommend that Sor Juana would not be viewed as a genuine women's activist. Of these reasons, there are three significant ones that I will dissect. The principal reason is that Sor Juana surrendered her battle for the securing of information from books and made due with perusing from strictly acknowledged composition, basically surrendering what she had been initially battling for and deserting her past standards. Besides, Sor Juana just battled for herself and what she needed to seek after. She didn't battle for other ladies or in other political, monetary, or social circles. At long last, the play neglects to distinguish how Sor Juana set any sort of point of reference or model by achieving whatever ladies before her had never cultivated. In the rest of this article I will investigate how Trambley’s portrayal of Sor Juana is that of a lady concerned distinctly with her own wants and furthermore a lady that surrendered her battle for individual rights that she had once been so inspired to accomplish before starting any trend for ladies as a gathering. One significant explanation that I don't consider Sor Juana to be the â€Å"Americas’ First Feminist† is that she surrendered her battle for what she initially needed so gravely. In the first place, Sor Juana experienced so a lot and endeavored to learn and peruse and achieve information. She appeared to be so solid, looking past being giggled at and not paid attention to and proceeding with her journey to contemplate. She started to yield and her unique objectives began to sneak away. â€Å"†¦ and the Church will let me learn.† (151). This statement represents how Sor Juana joined the religious circle to have the option to learn in light of the fact that she was not permitted to learn something else. Sor Juana agreed to life in a religious community. She was then compelled to carry on with a stricter way of life and was constrained in her understanding materials. It appears she consented to little battle. At that point she felt remorseful for having utilize d God in any case to assist her with accomplishing her objective. This prompted the relinquishment of her unique reason out and out. Sor Juana says, â€Å"My entire life was s... ...hown to help the possibility that Sor Juana achieved whatever ladies before her didn't achieve. Sor Juana says herself, â€Å"I am just a lady unequipped for evolving worlds.† (184). This is additionally a primary explanation that Sor Juana Ines de la Cruz, as she was spoken to in Trambley’s play, isn't genuinely the â€Å"Americas’ First Feminist.† Taking everything into account, the reasons I have examined above are adequate proof to show that Sor Juana, as she is spoken to in Trambley’s play isn't genuinely the â€Å"Americas’ First Feminist.† Assertive and wise she was, however resolved to roll out any improvement to the imbalance experienced by ladies by being something besides a point of reference she was definitely not. Additionally keeping her from being a genuine women's activist is the way that she was ineffective in achieving something that no lady had done previously. Sor Juana deserted her battle to follow her fantasies about seeking after something that no lady had ever achieved earlier. She was likewise uninterested with the predicament of other ladies, just her own wants to seek after her fantasies. At last, turning out to be simply one more submissive lady following the limitations of society is the thing that forestalls Sor Juana Ines de la Cruz from being a genuine women's activist.

Essay Writing - Where To Find College Essay Examples?

Essay Writing - Where To Find College Essay Examples?You can easily find college essay examples online. Even though you have to make a choice when you go to college, you also have to make sure that you find the correct school. For some students, it may be easy, but for others, it can be quite difficult. If you do not know where to start looking, you can use online resources for your research.First, if you are looking for writing sample, you can begin by reading. As you might know, many students make a decision based on how the professors talk about their course. It is not necessarily good or bad that they do this, but they do pay attention to what other students say about the professors. You will definitely want to find a professor that you can get along with.Article writers will also be able to help you find a class of writing for college. In your search, you will be able to find article writers. Although the work they are given is more detailed than writing samples, article writers can teach you how to use a few of the steps needed for an essay. The article writers who can help you out, do not only have to use their specific examples, but they will also give you step by step advice for you to follow.Another place that you can also look for samples is the Internet. You will be able to find some good writing samples, but the best is going to be the one that you can write. This means you need to keep in mind that many students skip this step and skip over the entire process of learning how to write. In the end, you are going to regret it when you go back to college and you do not get the grades you want.Also, you can still find work samples. These will be tailored to your particular area of study, but you can still find many examples online. Even though you will not use the words exactly, you will be able to see the general flow of the essay, how the topic is written and how to write an effective conclusion. If you are looking for some examples for essay writing , this is a great way to find some.A lot of writers will also have online samples to give you. In the end, these online samples will not be as detailed as what the professor gave, but they will still be useful to help you learn how to write a proper college essay. Online writers do not have the faculty writing samples. You can do a lot to learn how to write an essay if you do some research online.These are the basics on how to find a writing sample. If you are looking for college essay examples, you should use your area of study as a starting point. While you cannot find a good writer on your own, you can find a few examples and improve your writing skills if you take the time to learn the basics.

Why Poetry

Mar 28 2019    Why should your students memorize poetry? At first glance, poetry doesn’t seem to connect with our high-speed, high-tech digital world. Wouldn’t your educational time be better spent helping your students build their computer research skills or strengthening their keyboarding skills? Though it might seem so, there are a surprising number of benefits to be gained by engaging in the practice of poetry memorization. Students obtain a strong vocabulary, develop phonemic  awareness, and strengthen their spelling and pronunciation skills. Good poems also expose students to sophisticated language patterns. Andrew Pudewa’s audio talk  Ã¢â‚¬Å"Nurturing Competent Communicators† details these benefits even further. Over time these same skills will transfer to your students’ writing and speaking. Perhaps best of all, poetry is enjoyable to listen to and fun to memorize. Consider the following poem by Alfred, Lord Tennyson, which is included in the first level of Linguistic Development through Poetry Memorization:                                                                                                                                  The Eagle                                                    He clasps the crag with crooked hands;                                                    Close to the sun in lonely lands.                                                    Ringed with the azure world, he stands.                                                                                                       The wrinkled sea beneath him crawls;                                                    He watches from his mountain walls.                                                    And like a thunderbolt he falls. The brief, two-stanza, six-line poem packs a punch. To begin with, there is some fabulous vocabulary used in the poem. Words like â€Å"crag† and â€Å"azure† are unusual words that aren’t typically used in a student’s everyday conversations. By looking in the margin of the Teacher’s Manual, the teacher can share that â€Å"azure† means the â€Å"rich blue of the sky on a clear day.† A â€Å"crag† is the point of a steep, rugged rock, such as may be found along the edge of a cliff. In addition to the beautiful words of the poem, there are many literary devices that Tennyson employs, including alliteration (â€Å"clasps,† â€Å"crag,† and â€Å"crooked†), simile (â€Å"like a thunderbolt he falls†), and personification (â€Å"crooked hands† and â€Å"wrinkled sea†). Strong imagery pervades the poem in all of the lines. Reading the poem, students can almost feel the sun on their skin and the isolation of the eagle. And once they memorize the poem, it’s with them forever—the vocabulary, the literary devices, the delight. It’s powerful stuff. Memorizing poems like this opens linguistic as well as imaginative doors for students. Poetry still resonates today, perhaps in spite of our technologically fueled world. April marks National Poetry Month in the United States. It’s a month where we celebrate poetry and hope to increase awareness of poetry and poets. If you are interested in adding poetry to your students’ repertoire, check out Linguistic Development through Poetry Memorization. It’s packed with beautiful poetry that is sure to engage your students’ brains and delight their ears. It includes more than seventy classic poems, including â€Å"The Eagle,† for your students to discover, learn, and memorize. In short, it’s a wonderful way to build linguistic development in your students.    Jennifer Mauser  has always loved reading and writing and received a B.A. in English from the University of Kansas in 1991. Once she and her husband had children, they decided to homeschool, and she put all her training to use in the home. In addition to homeschooling her children, Jennifer teaches IEW classes out of her home, coaches budding writers via  email,  and tutors students who struggle with dyslexia.

Ethics in Business - Free Essay Example

Sample details Pages: 8 Words: 2343 Downloads: 9 Date added: 2017/06/26 Category Ethics Essay Type Narrative essay Did you like this example? à ¢Ã¢â€š ¬Ã…“Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and business organizations as a wholeà ¢Ã¢â€š ¬Ã‚ . (www.wikipedia.org) à ¢Ã¢â€š ¬Ã…“Business ethics comprises the principles and standards that guide behaviour in the world of business. Investors, employees, customers, interest groups, the legal system, and the community often determine whether a specific action is right or wrong, ethical or unethical.à ¢Ã¢â€š ¬Ã‚  (Ferrell. Fraedrich. Ferrell. 2008, p. 6) à ¢Ã¢â€š ¬Ã‹Å"Aristotle said, The end and purpose of the polis is the good life. Adam Smith categorized the good life in terms of material goods and intellectual and moral excellences of character. Smith in his The Wealth of Nations commented, All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.à ¢Ã¢â€š ¬Ã¢â€ž ¢ (www.wikipedia.org). Ethical misconduct has become a key concern in business today. Ethics is the main area of corporate governance, and management must take responsibility for their actions on global community scale. Ethics in business and shareholders desires for profitability are not always put on the same pedestal, and it is the responsibility of the executive management to ensure ethics surpass profitability. The 2008 financial crisis initiated critics to inquire about the ethics of the executives who were put in charge of large financial institutions around the world and financial regulatory bodies. Finance ethics is usually not looked into because issues in finance are often seen as matters of law rather than ethics. In the simplest way corporate ethics is a lawful matter. Laws such as protecting workersà ¢Ã¢â€š ¬Ã¢â€ž ¢ rig hts and suitable compensations must be top priority for management. Ethics becomes more difficult with the way things are done in particular practices, which makes it important to be aware of how certain steps may affect the community in a bad way. Managers are the key decision-makers, which is why they must be held responsible for the way the business is run and the affect it will have on shareholders, employees and the community in which it operates. Business ethical customs reflect the customs of each historic period. As time passes customs evolve, causing accepted behaviours to become intolerable. Business ethics and the subsequent behaviour evolved as well. Business was involved in what drove slavery, colonialism, and the cold war. Before 1960, the United States went through several difficult phases of wondering what the concept of capitalism was. In the 1930à ¢Ã¢â€š ¬Ã¢â€ž ¢s came the New Deal, which blamed businesses for the countryà ¢Ã¢â€š ¬Ã¢â€ž ¢s fiscal woes. Busines ses were asked to work more thoroughly with the government to help increase family income. Through the 1950s, the New Deal advanced into the Fair Deal which was an ambitious set of proposals put forward by President Harry S Truman. This program made clear matters such as civil rights and environmental responsibility as ethical issues that needed to be addressed by businesses. Up until the 1960s ethical issues associated to business were often discussed within the field of theology or philosophy. Moral issues that were related to business were now addressed in churches and mosques. Religious leaders started to speak out about fair wages, labour practices, and the morality of capitalism. During the 1960s, the American society turned to causes about social issues. Antibusiness attitude developed as people attacked the individuals in power that got benefits from the economic and political sides of society that they controlled. The 1960s saw the deterioration of inner cities and the b eginning of ecological problems such as pollution and the disposal of toxic and nuclear wastes. This era also saw the rise of consumerism. The word à ¢Ã¢â€š ¬Ã‹Å"business ethicsà ¢Ã¢â€š ¬Ã¢â€ž ¢ came into common use in the early 1970s in the United States. It was developed as a course to study in the 1970s. The foundation that certain principles could be applied to business activities which were laid down by theologians and philosophers led to business lecturers start teaching and writing about corporate social responsibility (CSR) which can be defined as à ¢Ã¢â€š ¬Ã…“a form of corporate self-regulation integrated into a business model.à ¢Ã¢â€š ¬Ã‚  (www.wikipedia.org). Philosophers increased their participation, putting together ethical theory that will help to build the discipline of business ethics. à ¢Ã¢â€š ¬Ã…“Companies became more concerned with their public images and as social demands grew, many businesses realized that they had to address ethical issues more di rectly.à ¢Ã¢â€š ¬Ã‚  (Ferrell, pg. 13). Conferences where scheduled to discuss the responsibilities that businesses had socially and also ethical aspect of business. By the end of the 1970s, key ethical issues such as bribery, misleading advertising and price collusion had formed in the business. Business ethics became a common expression thanks to the media and it was no longer considered as an oxymoron. Limited efforts were made to explain the way the ethical decision-making process would work and also the things that would influence this process in organisations. Firms started emphasizing their ethical standing in the late 1980s and early 1990s, probably trying to distance themselves from the business scandals of the day. Academics and practitioners started to acknowledge à ¢Ã¢â€š ¬Ã‹Å"business ethicsà ¢Ã¢â€š ¬Ã¢â€ž ¢ as a field of study. In the 1980s, the Defence Industry Initiative on Business Ethics and Conduct (DII) which was developed to give a guide to organisations about support for ethical conduct. This era was the Reagan-Bush era where the belief of self-regulation was seen to be in the publicà ¢Ã¢â€š ¬Ã¢â€ž ¢s interest. In the 90s it was all about the institutionalization of business ethics. President Bill Clinton and his administration continued to show support for self-regulation and free trade. Unprecedented actions such as teenage smoking were dealt with by the government. Proposals included prohibition of cigarette advertising, and stopping sports events from using cigarette logos during advertisement. President Clinton chose Arthur Levitt to be the chairman of the Securities and Exchange Commission in 1993. Levitt who ineffectively pushed many reforms which could have prevented the accounting ethics scandals demonstrated by Enron and WorldCom. The 2000s had a new focus on business ethics. This era brought in the many scandals that shook the business world to this day. Although business ethics was seen to have become more instit utionalized in the 1990s, in the 2000s evidence came out that more than a few business executives and managers had not been compiling with the publicà ¢Ã¢â€š ¬Ã¢â€ž ¢s desire for high ethical standards. For example, the former CEO of Tyco Dennis Kozlowski was indicted on thirty-eight counts of misappropriating $170 million of Tyco funds and netting $430 million from inappropriate sales of stock. Dennis Kozlowski pleaded not guilty to all the charges. He allegedly used the funds to purchase personal luxuries such as art for $14.725 million, also throw his wife a $2 million birthday party and also bought a $30 million apartment in New York City. He was found guilty and sentenced to serve eight years and four months to twenty-five years in prison for his role in the scandal. Arthur Andersen, which was a holding company and formerly one of the à ¢Ã¢â€š ¬Ã…“Big Fiveà ¢Ã¢â€š ¬Ã‚  accounting firm. In its role as Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s auditor, they were responsible for make sure that Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s financial statements and internal bookkeeping were accurate. The firm after been found guilty of criminal charges in the way the auditing of Enron was conducted gave up their licenses to practice in the US. The reputation of the accounting firm disappeared over night, also most of its clients left, and the firm went out of business, but it still exists in a small way today. The verdict was overruled by the Supreme Court of the United States. Most of the other accounting firms bought most of the practices of Arthur Andersen. Other companies such as Halliburton, WorldCom, Dynegy and Sunbeam where faced with charges about employing certain accounting practices and they were also audited by Arthur Andersen. One of the few revenue-generating assets that the Andersen firm still has is Q Centre, which is a conference and training facility outside of Chicago. Accenture which is a consultancy firm separated from the accountancy side of Arthur Andersen in 1987 a nd renamed themselves after splitting in 2000, still continues to operate and it is one of the largest multinational corporations in the world. These accounting scandals really confirmed to the public that falsifying financial reports and reaping questionable benefits had become part of the culture of many companies. Firms outside the United States such as Royal Ahold in the Netherlands and Parmalat in Italy, also were caught out in practicing accounting misconducts from a global perspective. Such scandals increased public and political demands for accountability and to also improve ethical standards in business. The Enron Corporation was created in 1985 out a merger of two major gas pipeline companies. Through its subsidiaries the company provided products and services associated with natural gas, electricity, and communications for its wholesale and retail customers. It was based in Houston, Texas. It generated, transmitted and distributed electricity to the north-western Unite d States and marketed other commodities such as natural gas globally. It was also involved in the growth, construction, and operation of plants, pipelines, and other energy-related projects all over the world. Throughout the 1990s, Chairman Kenneth Lay, chief executive officer (CEO) Jeffrey Skilling, and chief financial officer (CFO) Andrew Fastow transformed Enron from an old-style electricity and gas company into a $150 billion energy company and Wall Street favourite that traded power contracts in the investment markets. From 1998 to 2000, Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s revenues grew from about $31 billion to more than $100 billion, making it the seventh-largest company of the Fortune 500. The wholesale energy income represented about 93 percent of 2000 revenues for Enron, with another 4 percent coming from natural gas and electricity. The remaining 3 percent came from broadband services and exploration. The companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s worldwide internet trading platform Enron Online co mpleted on average over five thousand transactions per day, buying and selling over eighteen hundred separate products online that brought in over $2.5 billion in business every day. For the third quarter of 2001, Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s whole-sale business generated a potential $754 million of earnings (before interest and tax). This was an increase of 35 percent from the previous year. This represented over 80 percent of Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s worldwide sales. There was no reason to doubt that Enron was not financially stable in the third quarter of 2001 but it was later reported after a bankruptcy examiner examined their financial reports that there was a discrepancy in their net income and cash flow accounts. On October 22, 2001 Enron announces that the Securities and Exchange Commission (SEC) has launched a formal investigation into its related partyà ¢Ã¢â€š ¬Ã¢â€ž ¢s transactions. Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s corporate culture was described by people using words such as arr ogant or prideful. Enron only employed competent, creative and hardworking employees who were the best and brightest graduates and they were recruited from top universities. Enron employees had thus belief that competitors had no chance against it. There was an overwhelming confidence among Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s people that they could handle the increasing risk and pressure that came with the job. The culture of Enron was about a focus on how much money could be made for the people at the top, at many levels, that shared in a stock option incentive program. Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s aggressive employee culture was motivated by the desire to improve their financial position. Skilling brought in a system where employees were appraised every six months and if the employees ranked in the bottom 20 percent they were let go. This system called the à ¢Ã¢â€š ¬Ã‹Å"rand-and-yankà ¢Ã¢â€š ¬Ã¢â€ž ¢ helped create a fierce environment in which employees didnà ¢Ã¢â€š ¬Ã¢â€ž ¢t only compete with rivals outside the company but also the rivals at the next desk to them. Problems in the trading operation were covered up and not told to management because of the fear of losing their jobs. Lay who was the chairman always maintained that he was concerned with ethics. In his indictment the business ethics issue was that he lied about the financial conditions of Enron, but he maintained that he openly dealt with all issues that were brought to his attention. During 2001, when a series of revelations were revealed involving improper accounting procedures bordering on fraud committed throughout the 1990s involving Enron and its accounting company Arthur Andersen, Enron suffered the largest bankruptcy in history which has been surpassed by those of WorldCom during 2002 and Lehman Brothers during 2008. Off-balance-sheet financing called à ¢Ã¢â€š ¬Ã‹Å"special-purpose entitiesà ¢Ã¢â€š ¬Ã¢â€ž ¢ (SPEs) which were the write-offs and the losses not disclosed were the main thing that turned Enron into a disaster. Fastow the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s then CFO said that Enron established the SPEs to help in the moving of assets and debt off its balance sheet so as to increase cash flow by showing that funds were flowing through its books when it sold assets, while in a meeting with Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s lawyers in August 2001. Critics believed they might constitute fraudulent financial reporting because they didnà ¢Ã¢â€š ¬Ã¢â€ž ¢t accurately represent the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s true financial condition. Most of the SPEs at Enron were alleged to be entities in name only, and that Enron funded them with its own stock and maintained control over them. After the crash of Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s stock price, assets that were associated with the SPE system had to be written off. This cost Enron over $1.2 billion in equity in late 2001. Enron filed for bankruptcy and faced twenty-two thousand claims totalling $400 billion. For some time it appeared that Dyn egy might save the day by providing $1.5 billion in cash but when Standard Poor downgraded Enronà ¢Ã¢â€š ¬Ã¢â€ž ¢s debt below investment grade on November 28, $4 billion in off-balance-sheet debt came due and Enron didnà ¢Ã¢â€š ¬Ã¢â€ž ¢t have the resources to pay. Dynegy terminated the deal. Fastow and his wife, Lea, both pleaded guilty to charges against them. Fastow pleaded guilty to two charges of conspiracy and was sentenced to ten years with no parole in a plea bargain to testify against Lay and Skilling. Lea was indicted on six felony charges, but prosecutors later dismissed them in favour of a single misdemeanour tax charge. Lea was sentenced to one year for helping her husband hide income from the government. Don’t waste time! Our writers will create an original "Ethics in Business" essay for you Create order