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Case Study Business Ethics!
  • From Business, General Business
  • Due on 29 Apr, 2018 12:00:00
  • Asked On 26 Apr, 2018 03:29:06
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You will complete 2 Case Assignments from Business Ethics: Ethical Decision Making and Cases. You will answer the questions at the end of the case in 4–5 pages (double spaced), not including the title or reference pages. The Case Assignments must be written in current APA format. In addition to the Ferrell textbook, utilize outside sources on the case questions. All sources must be of a scholarly nature; the sources must be either textbooks or journal articles from peer-reviewed journals. At least 5 references are required in addition to the course textbooks and the Bible. As this is a paper that requires research, it must be written in third person.

Case Assignment 2 can also be found in the Ferrell textbook. The case is Case 9, “Enron: Questionable Accounting Leads to Collapse.” The paper must have at least 3 Level 1 headings that correspond to the following case points:

 

·       How did the corporate culture of Enron contribute to its bankruptcy?

·       In what ways did Enron's bankers, auditors, and attorneys contribute to Enron's demise?

What role did the company's Chief Financial Officer play in creating the problems that led to Enron's financial problems?

 

 

 

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Case Study Business Ethics
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  • Submitted On 26 Apr, 2018 03:57:01
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The three questions have been answered in the solution; 1. How did the corporate culture of Enron c...
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Enron: Questionable Accounting Leads to Collapse
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  • Submitted On 26 Apr, 2018 07:14:30
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Enron: Questionable Accounting Leads to Collapse Your School Here Your Course Name Here Course Number Here Submission Date Here Your Professor Here Table of Contents Page Answers to Question 1 3 Answers to Question 2 3 Answers to Question 3 4 Conclusion 5 References 7 1. How did the corporate culture of Enron contribute to its bankruptcy? Highly effective leaders are great at obtaining common goals and objectives in highly effective and competent ways; regrettably for Enron, this was not the case. In the launching of the firm, Chairman Ken Lay and CEO Jeffrey Skilling were efficient in growing their company from a small gas and oil pipeline firm directly into a of the largest entities in its industry. As the company began to expand and prosper, the requirements of upper management became more assertive and disparate. Mr. Ken Lay was never fulfilled along with his efforts to obtain increasingly more monetary good gains; he implemented coercive power to shape his corporate culture. This power was most prevalently seen in the company’s employee program review process; shrewdly nicknamed “rank and yank” if employees of Enron ranked among the bottom 20% in regards to performance they would be conveniently railroaded out from the company (Ferrell, 2013, pp. 395-405). Rank and Yank is a phrase used to describe a process by which a company ranks its employees against each other, and fires out the occupation of the people at the lowest end of the ranking. Mr. Lay wanted the best executives contributing on him, with a target to encourage individuals to be the best they could have been, however in my opinion, he created conflicts of great interest that drove the company out of business. 2. Did Enron’s bankers, auditors, and attorneys contribute to Enron’s demise? If so how? Not one of the disgraces that occurred at Enron would ...
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The case is Case 9, “Enron:
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