Why Did Enron Collapse?

Enron was angiotensin converting enzyme of the worlds largest electricity, natural gas, and broadband trading companies, with revenues of over $ vitamin C billion until its crash in the fall of 2001. Enrons strategic mark was to become the blue-chip energy and communication company of the ordinal century through its business efforts in four contract areas: Enron Wholesale Services, Enron Broadband Services, Enron Energy Services, and Enron Transportation Services. Enron management claimed that from distributively 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. save 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 heap that becomes so successful become so greedy? I am of the opinion that t he main reason was due to the incorporated outline that was implemented that was more concerned with the continuing harvesting 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 cash in ones chips of by saying that a good corporate strategy is one that is shaped by management having an ethical mass of international and internal considerations. outdoor(a) considerations include societal, political, regulatory, and community factors along with warring conditions and overall industry attractiveness; a companys market place opportunities and threats. remote considerations on the other hand are of great immenseness in todays business world due to the global market that exists. Primary internal considerations are company strengths, weaknesses, and competitive capabilities; managers personalized ambitions, philosophies, and ethical motive; and the company s culture and shared values. Internal consi! derations comport become a very important part of a companys strategy in the... If you want to get a expert essay, order it on our website: OrderCustomPaper.com

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