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Why it important for businesses to follow ethical practices

Assignment Help Marketing Management
Reference no: EM133629114

Homework: Business Finance - Accounting

Objective:

This homework aims to deepen understanding of ethical leadership and change management through the case study of the Enron scandal. It will enable students to explore the importance of adhering to company policies and ethical practices and how to effectively lead and adapt to change in a business environment.

Watch the video by ColdFusion below about the Enron Scandal. (Video length: 19:04 minutes)

Task

Question A. Identify and summarize the key ethical issues highlighted in the Enron scandal. Why is it important for businesses to follow ethical practices?

Question B. Consider how a company like Enron could change its practices to avoid such ethical issues in the future. Develop a plan for leading changes and refocusing actions in a business environment that faced similar ethical challenges.

Reference no: EM133629114

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