Business Studies

Posted: September 24th, 2015

Provide an introduction of the topics that you will discuss below (Base your introduction on our reading material from weeks 1-7-It is basically all of the reading material from our class)

Thoughts should be supported with key words from our text. Answer all five questions below and include AT LEAST FIVE key words from our text when responding to EACH QUESTION. That means that you would use 25 of the key words in our text for this paper. BOLD each key term that you use from our text. This will show me that you are attempting to support your thoughts with key material from our text and that you are able to apply the material from our class. The five required questions are as follows:

1. From an ethical perspective, describe the factors that contributed to the rise and fall of Nortel.

2. What mechanisms should be put in place to better align managers with the interests of shareholders?

3. Would you describe the meltdown of Nortel more as a failure of “people” or of “capital market processes”?

4. What happened to Nortel is similar to what happened to WorldCom and Enron inthe early 2000s, and to Lehman Brothers, Citigroup, and many other banks during the 2008 financial crisis. Why do businesspeople keep making the same mistake?

5. Discuss how to prioritize the following remedies to stop such recurrences: business education, regulation of accounting/financial markets, regulation of incentives, or regulation of punishment. Also, tell me your thought process about your decision about priorities.