How were the gold industry and Canadian stock markets affected by this fraud?

Our first case this week is the Bre-X Minerals case.In April 1997, Bre-X Minerals, a Canadian company, was supposedly one of the most valuable companies in the world. Bre-X had reported the largest gold deposits ever discovered. It was hailed as the mining find of the century. The gold mine, located on a remote island in the East Kalimantan Province of Indonesia, supposedly had so much gold that the actual price of gold on the open market dropped significantly due to the anticipation of an increased gold supply. Within a few months, thousands of Canadians – big-time investors, pension and mutual funds, and many small investors, including hardware store owners and factory workers – got caught up in Bre-X fever. The company’s stock price shot from pennies to more than $250 per share before a 10-for-1 stock split was announced. Thousands of investors believed they were on the verge of becoming millionaires. The story took a sudden turn for the worse when Michael de Guzman, Bre-X’s chief geologist and one of only a handful of company insiders entrusted with the mine’s core samples, apparently committed suicide by jumping out the back of a helicopter.The following is a description of the Bre-X Gold Scandal,The search for a jungle ElDorado is over; the search for culprits in an astounding gold mine fraud has begun. Investigators opened investigations into how Bre-X Minerals, a tiny exploration company from Alberta, Canada, managed to convince countless experts and investors that a tract of land in Borneo contained the biggest gold find of the century.After two years as a stock market superstar, Bre-X was suddenly a pariah after an independent consulting company reported that the Busang site was worthless. It said the sands of seemingly promising crushed rock core samples collected by Bre-X had been doctored with gold from elsewhere in a scam “without precedent in the history of mining.”Partners in the Indonesian project promptly jumped ship The Indonesian government, which held a 10 percent stake vowed to punish whoever was responsible. New Orleans- based Freeport-McMoRan Copper & Gold—which first cast doubts on Busang’s value—said it was withdrawing from its planned partnership with Bre-X. The company that reported the fraud, Strathcona Mineral Services, did not attempt to fix blame for the tampering but offered to assist in subsequent investigations. Industryanalysts said it seemed clear that some senior Bre-X personnel were involved, but there was no consensus whether the culprits were Canadian-based executives, geologist in the field, or both. Mining analysts say only a small amount of gold—perhaps a few pounds—would have been enough to doctor the Bre-X samples to make them appear that the Busang’ mine was a world-class gold deposit. Bre-X’s president, David Walsh, who launched the Busang project from his Calgary basement while bankrupt in 1993, expressed shock at the evidence of tampering and said his company would conduct its own investigation. Walsh, 51, sold off some of his Bre-X shares last year, along with other senior company officials, who together reaped more than $56 million in profits. They have been targeted by at least eight class-action lawsuits in Canada and the United States, alleging that Bre-X executives misled share holders about Busang’s potential while selling off some their own shares.We have a lot of questions we can discuss for this case. Let’s start with the questions below. Pick one or two of the questions below to respond to.Assume you are a financial analyst who works for a major brokerage company that is heavily invested in Bre-X Minerals.In what ways would investigatingmanagement and directorshelp determine the value of Bre-X’s gold prospects?In what ways would investigating the company’srelationships with other entitieshelp determine the value of Bre-X’s gold prospects?In what ways would investigatingthe organizations and its industryhelp determine the value of Bre-X’s gold prospects?In what ways would investigating thefinancial results and operating characteristicshelp determine the value of Bre-X’s gold prospects?How were the gold industry and Canadian stock markets affected by this fraud?

Determine the fundamental ways in which the NCAA’s ethics program failed to prevent the scandals at Penn State, Ohio State, and the University of Arkansas.

Case Study 2: National Collegiate Athletic Association Ethics and Compliance ProgramDue Week 6 and worth 200 pointsRead “Case Study 6: National Collegiate Athletic Association Ethics and Compliance Program,” located on page 444 of the textbook.Write a four to six (4-6) page paper in which you:Determine the fundamental ways in which the NCAA’s ethics program failed to prevent the scandals at Penn State, Ohio State, and the University of Arkansas. Support your response with one (1) example from each of these schools’ scandals.Examine the principal ways in which the leadership of the NCAA contributed to the ethical violations of Penn State, Ohio State, and the University of Arkansas. Support your response with one (1) example from each of these schools’ scandals.Predict the key differences in the scenarios that occurred at Penn State, Ohio State, and the University of Arkansas if an effective ethics program was in place. Provide a rationale for your response.Postulate on two (2) actions that the NCAA leadership should take in order to regain the trust and confidence of students and stakeholders.Recommend two (2) measures that the HR departments of colleges and universities should take to prevent similar incidents from occurring in the future. Provide a rationale for your response.Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other similar Websites do not qualify as academic resources.Your assignment must follow these formatting requirements:Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.The specific course learning outcomes associated with this assignment are:Describe the business ethics issues and definitions, theories, and frameworks important to organizational ethical decision making and the role of a human resource professional.Determine the role of stakeholder interests, the interrelationship of ethics and social responsibility, and the role of corporate governance in ethics.Analyze scenarios to determine the ethical character of decisions made and the related impact on the organization.Write clearly and concisely about issues in ethics and advocacy for HR professionals using correct grammar and mechanics.Use technology and information resources to research issues in business ethics and advocacy for HR professionals.

If Lifemaster should produce both models, compute the mix that will maximize operating income.

E25-15 Lifemaster produces two types of exercise treadmills: regular and deluxe. The exercise craze is such that Lifemaster could use all its available machine hours to produce either model. The two models are processed through the same production departments. Data for both models is as follows:Per UnitDeluxeRegularSale Price1,020560Costs:Direct Material30090Direct Labor88188Variable Manufacturing Overhead26488Fixed Manufacturing Overhead*13846Variable Operating Expenses11165Total Costs901477Operating Income$119$83*allocated on the basis of machine hoursRequirements1. What is the constraint?2. Which model should Lifemaster produce? (Hint: Use the allocation of fixed manufacturing overhead to determine the proportion of machine hours used by each product.)3. If Lifemaster should produce both models, compute the mix that will maximize operating income.

What is your personal opinion on this musical clip?

https://youtu.be/0XCbfAzOq9cJimi HendrixView the video above, Jimi Hendrix “Fire” Live at Stockholm Sweden 1969. You are supposed to use your knowledge gained in class by including in your report your opinion about the instruments used in the clip, information about the composer (Jimi Hendrix) and the elements of music of this clip. Please include at least 500 words in your report and be original. This is an opinion report, please do not include facts but your opinion based on your web research.Is the melody easy to remember?Can you hear more than one major themes in this work? If so, could you elaborate a bitIs the harmony consonant or dissonant?Does the harmony determine how one perceives the music or it is determined by other elements? Please elaborateIs the rhythm an important part of this piece?What colors (emotions) you can described as you listen to this movement?Is the texture (the instruments used) rich or thin at some points? Please elaborateCan you hear an underlying story to the music?Can you hear a basic structure in this movement?What is your personal opinion on this musical clip?

Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance.

Assignment 1If you are using the Blackboard Mobile LearnAssignment 1: Financial Statement AnalysisDue Week 4 and worth 200 pointsSelect one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA).Suppose you are a newly appointed CFO of your chosen health care organization. One of your first tasks is to conduct an internal financial analysis of the organization. Conduct a brief financial analysis and review of the chosen company’s financial statements for at least three (3) consecutive years. After conducting the analysis, interpret the data contained within the statements.Write a three to four (3-4) page paper in which you:1. Based on your review of the financial statements, suggest a key insight about the financial health of the company. Speculate on the likely reaction to the financial statements from various stakeholder groups (employee, investors, shareholders). Provide support for your rationale.2. Identify the current industry trend that has the most significant impact on your chosen organization’s financial performance. Indicate the trend’s impact on the financial performance of the organization. As the CFO, suggest at least one (1) way that you might minimize the impact of the trend on the organization.3. As the CFO, suggest one (1) key strategy that you might use in order to improve the financial performance of the organization. Recommend an approach to implement the suggested strategy. Provide support for your recommendation.4. Use at least four (4) quality academic resources.Note:Wikipedia and other Websites do not qualify as academic resources.Your assignment must follow these formatting requirements:· Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.The specific course learning outcomes associated with this assignment are:· Evaluate the financial statements and the financial position of health care institutions.· Analyze the role of important financial reporting statements – income statement, balance sheet, and statement of cash flows – and explain how they relate to one another and to the underlying sources of data.· Use technology and information resources to research issues in health financial management.· Write clearly and concisely about health financial management using proper writing mechanics.Clickhereto view the grading rubric for this assignment.Assignment 2If you are using the Blackboard Mobile LearnApp, please click “View in Browser”Assignment 2: Using Financial Ratios to Assess Organizational PerformanceDue Week 6 and worth 240 pointsUsing the financial statements from your selected health care organization in Assignment 1, develop a financial plan for the next three (3) years.Write a four to five (4-5) page paper in which you:1. Suggest the financial ratio that most financial analysts would use to evaluate the financial condition of the company. Provide support for your rationale.2. Speculate on the organization’s ability to meet its financial obligations as they come due. Provide support for your rationale.3. Based on your ratio analysis, determine whether the profitability trends are favorable or unfavorable and explain your rationale.4. Using financial ratio analysis, predict whether or not the company will be viable in five (5) years based on its performance over the past three (3) years. Provide support for your prediction.5. Use at least two (2) quality academic resources.Note:Wikipedia and other Websites do not qualify as academic resources.Your assignment must follow these formatting requirements:· Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.The specific course learning outcomes associated with this assignment are:· Evaluate the financial statements and the financial position of health care institutions.· Describe the overall planning process and the key components of the financial plan.· Use technology and information resources to research issues in health financial management.· Write clearly and concisely about health financial management using proper writing mechanics.

Based on the article for this week, explain how do French immigrant youth use hip-hop to forge their identities in France. What are some of the challenges they face?

Answer the following questions in approximately 150 words per response:1) Based on the article for this week, explain how do French immigrant youth use hip-hop to forge their identities in France. What are some of the challenges they face?2) In what ways does the film, La Haine, illustrate some of the challenges faced by immigrant youth in Paris? Choose a scene or two that describe these challenges.

How do you believe value chain management works?

Within the Discussion Board area, write200-300 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.The line managers in the production department have heard a lot of good things about value chain management. They heard that you have done considerable research on this topic. They have come to your office today to discuss value chain management with you. Complete the following:Summarize 3 examples of how value chain helps companies become more competitive. You are presenting these to the administrative team from the production department.Discuss how value chain management helps companies create and build value for their clients and partnering organizations by answering the following questions:How do you believe value chain management works?How do you think value chain management can help companies be more competitive?How do you think value chain management helps companies create and build value?Be sure to include your references, and format your submission in APA format.

Compare the supply chain for Walmart in China today vs. 2004, which is when the case study took place. Describe and explain in detail each aspect of the supply chain as well as technology and China’s infrastructure

Compare the supply chain for Walmart in China today vs. 2004, which is when the case study took place. Describe and explain in detail each aspect of the supply chain as well as technology and China’s infrastructureAttached case study, the information Walmart China 2004 must be about the case study (No external sources)2 Pages

How would you help someone trying to leave an abusive relationship?  What resources are available on campus and in your community?

Locate and read United States v. Morrison, 529 U.S. 598 (2000). Based on your reading of this U.S. Supreme Court case, what are the limitations of the Violence Against Women Act of 1994? Answer the six questions listed in the “Building Your Paralegal Skills” section on p. 252 of the textbook. Include citations to your sources.Also, review “What are my Legal Rights, and Where Can I Turn for Help if I Find Myself in an Abusive Relationship?” at: https://soyoure18.com/what-are-my-legal-rights-and-where-can-i-turn-for-help-if-i-find-myself-in-an-abusive-relationship/How would you help someone trying to leave an abusive relationship? What resources are available on campus and in your community?

Discussion of which servant leadership principles you recognize as most valuable and would consider integrating within your own organization.

Details:Conduct research and use the links below to locate a reputable nonprofit organization that serves people and the community as a servant leader:https://topnonprofits.com/lists/best-nonprofits-on-the-web/https://www.charitywatch.org/top-rated-charitieshttp://www.tampabay.com/topics/specials/worst-charities/https://www.charitynavigator.org/Create a poster, PowerPoint presentation, brochure, YouTube video, etc. that illustrates how the nonprofit organization puts servant leadership into action. Within the informational piece, include written or verbal documentation of the following:Specific information about the servant leadership principles employed by the organizationExamples of how implementing servant leadership principles has helped the organization achieve success while having a positive impact on people and the community.Discussion of which servant leadership principles you recognize as most valuable and would consider integrating within your own organization.Submit your assignment as a Word document, PowerPoint presentation, a PDF file, or YouTube video link.APA format is not required, but solid academic writing is expected.I would like to do the PowerPoint presentation.

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