Why Did Enron Collapse?

Enron was angiotensin converting enzyme of the worlds largest electricity, natural gas, and broadband trading companies, with revenues of over $ one C billion until its crash in the fall of 2001. Enrons strategic trend was to become the blue-chip energy and communication company of the 21st century through its business efforts in four squeeze areas: Enron Wholesale Services, Enron Broadband Services, Enron Energy Services, and Enron Transportation Services. Enron management claimed that from apiece one of these business units supported the companys vision of offering a grand range of physical, transportation, financial and technical solutions to thousands of customers around the world. still Enrons aspirations of fitting the leader in the energy and communications came to a shrieking halt because of a dodging that was flawed by unethical behavior mainly GREED. But how does a quite a little that becomes so successful become so greedy? I am of the opinion that the m ain reason was due to the unified dodge that was implemented that was more concerned with the continuing issue of parentage prices instead of looking at the long run. In the pursuit paragraphs it is shown what constitutes a good strategy and examples of what went wrong. We can arrest of by saying that a good corporate strategy is one that is shaped by management having an ethical find out of international and internal considerations.

outdoor(a) considerations include societal, political, regulatory, and community factors along with unpeaceful conditions and overall industry attractiveness; a companys fo odstuff opportunities and threats. foreign! considerations on the other hand are of great magnificence in todays business world due to the global market that exists. Primary internal considerations are company strengths, weaknesses, and competitive capabilities; managers own(prenominal) ambitions, philosophies, and ethical motive; and the companys culture and shared values. Internal considerations take on become a very important part of a companys strategy in the... If you want to get a near essay, order it on our website: OrderCustomPaper.com

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