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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 1 - Discussion...
To understand the various concepts related to modern day organization, one should first understand what it actually is? As Kotter et al. (2021) describes ” "The modern organization draws upon practice...

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Before explaining the benefits and challenges to universal design, we need to know that what is universal design. As per readings and my research, universal design is planning through which we give th...

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As per the question, it has been estimated that a relatively large tax on the cooking oil will be going to lower the consumption by a very small amount. When this happens then the price of

TEST 2
TEST 2

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Week 4: Compliance and the Sarbanes-Oxley (SOX) Act

Week 4: Compliance and the Sarbanes-Oxley (SOX) Act

Q In the context of the world of business, explain what we mean by the term compliance. Relating to this, is anyone familiar with the Sarbanes-Oxley (SOX) legislation enacted by Congress in 2002? What was contained in this legislation, and what prompted it? Can you provide a specific example of one of the major points of this legislation? Why was it enacted? Separately, does the term compliance apply to any other areas of business besides the SOX legislation?

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The term compliance describes the ability to act accordingly to an order, set of rules or request. In the world of business, an example would be like company policies.