1 Based on what you read in this chapter summarize in one page or less how you would explain Enron s ethical meltdown Going through out the case study it can be determined that no matter the company is gaining with higher profits in day to day work all the employees and managers contributing their effort but a certain disrupt or interruption or can also be said that lacking to any particular part of the work could results in the degradation of the company at a very faster rate As far as Enron Corp is considered everything was working fine and without any accountancy the managers can see that the company is having a tremendous profits and growth Suddenly when it comes to public questionnaires or the investors in 2001 a proper accounting instruction sheet revealed that the company gone into unexpectedly huge loss leading to which a huge loss of the investor as well So the various ethics that the people had it own the particular firm melted down 2 It is said that when one securities analyst tried to confront Enron s CEO about the firm s unusual accounting statements the CEO publicly used vulgar language to describe the analyst and that Enron employees subsequently thought doing so was humorous If true what does that say about Enron s ethical culture After the complete lacking in accountancy besides this using of vulgar language with analyst being a CEO of an organization reflects totally an unethical behavior Having this behavior at workplace could let employees working over there feel uncomfortable or the environment at the place will get spoiled leading to interruption in work 3 This case and chapter both had something to say about how organizational culture influences ethical behavior What role do you think culture played at Enron Give five specific examples of things Enron s CEO could have done to create a healthy ethical culture Having unethical behavior at workplace could result in uncomfortable of employee and their disruption from the work Moreover unethical behavior could also reflect about the unethical nature towards its client and hence the growth can come to an end For creating a healthy environment Enron should Give freedom to its employees to discuss the issue and the possible solution Maintaining a good environment and peace at workplace No use of vulgar language Equal rights to each and every employee Difficult decisions taken out by having a proper discussion within a meeting REFERENCE http online vitalsource com books 9781256520573 pages 45715525
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