Companies Like Enron, WorldCom, and Tyco International, Ltd

question 231

Essay

Companies like Enron, WorldCom, and Tyco International, Ltd. have been caught in the midst of ethical lapses that led to fines, firings, and criminal and/or civil prosecution. List and briefly describe three factors that are responsible for what went wrong in these companies.

Understand patient education principles for the elderly, including medication management and preventative care strategies.

Identify signs, symptoms, and treatments for common geriatric diseases.

Appreciate the role of patient respect and dignity in geriatric care.

Know strategies for effective communication with elderly patients.

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Definitions:

Operating Activities

Activities that relate to the primary operations of a company, such as selling products or providing services, as opposed to financing or investing activities.

Investing Activities

Financial transactions involving the purchase or sale of long-term assets and investments.

Net Cash

The amount of cash and cash equivalents minus any liabilities or financial obligations.

Cash Basis

An accounting method where revenues and expenses are recognized only when cash is exchanged.