Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
For many people, a company called Enron Corporation still ranks as one of history's classic examples of ethics run amok. During the 1990s and early 2000s, Enron was in the business of wholesaling natural gas and electricity. Enron made its money as the intermediary (wholesaler) between supplier, and customers: Without getting into all the details, the nature of Enron's business and the fact that Enron didn't actually own the assets-meant that its profit statements and balance sheets listing the firm's assets and liabilities were unusually difficult to understand. It turned out that the lack of accounting transparency enabled the company's managers to make Enron's financial performance look much better than it actually was. Outside experts began questioning Enron's financial statements in 2001. In fairly short order, Enron collapsed, and courts convicted several of its top executives of things like manipulating Enron's reported assets and profitability. Many investors (including former Enron employees) lost all or most of their investments in Enron. In Enron's case, this breakdown is perhaps more perplexing than usual. As one writer said, "Enron had all the elements usually found in comprehensive ethics and compliance programs: a code of ethics, a reporting system, as well as a training video on vision and values led by [the company's top executives]".Experts subsequently put forth many explanations for how a company that was apparently so ethical outwardly could actually have been, raking so many bad ethical decisions without other managers (and the board of directors) noticing. The explanations ranged from a "deliberate-concealment of information by officers," to more psychological ex-nations (such as employees not wanting to contradict their bosses) the "surprising role of irrationality in decision-making."But perhaps the most persuasive explanation of how an apparently ethical company could go so wrong concerns organizational culture. --- reasoning here is that it's not the rules but what employees feel they should do that determines ethical behavior. For example (speaking in general, not specifically about Enron), the executive director of the Ethics Officer Association put it this way: "We're a legalistic society, and we've created a lot of laws. We assume that if you just knew what those laws meant that you would behave properly. Well, guess what? You can't write enough laws to tell us what to be doing all times every day of the week in every part of the world. We've got to develop the critical thinking and critical reasoning skills of our people because most of the ethical issues that we deal with are in the ethical gray areas.
1. What are the unethical practices which are responsible for collapsing Enron.
2. Describing some significant ways to promote ethical behavior in organization's culture.
Discussion assignment engages you with inter-active critical thinking on the subject of developing a comprehensive mission statement and its effectiveness in achieving organizational success. As you participate in future discussions within your orga..
Describe the nature of leadership and how it differs from management. Differentiate between trait, behavioural and situational theories of leadership, identifying the context in which these theories were developed.
Identify one trait, characteristic, or personality trait which does NOT belong to the Trait Theory that you feel you possess which would help you become
What types of early learning environments foster the development of infants or toddlers? How?
Define international business and discuss the advantages and challenges of globalization. Discuss two (2) advantages and two (2) challenges of an international business.
How can labor relations help create effective and efficient relationships between organizational workers and union representatives
A company may have two weighted-average costs of capital if the firm's capital structure is so large that new common stock must be sold.
modes of interventionsdifferentiate between coaching individuals and teams and other models of influence e.g.
determine the most suitable means of inventory control. Provide specific examples to support your response. For the same business, discuss what innovative steps you could take to deter employee theft and/or shoplifting.
For this discussion, you should create a 400 word response where you propose a plan to incentivize a change initiative within your current organization (or one with which you are familiar).
The purpose of this assessment is to provide students with the opportunity to engage in reflective practice, using a range of diagnostic tools and feedback
What is the length of the firm's cash conversion cycle?- If Zocco's annual sales are $3,421,875 and all sales are on credit, what is the firm's investment in accounts receivable?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd