(Answered) Asignment1how would you describe enrons corporate culture

Management Studies

Assignment

1. How would you describe Enron's corporate culture? What behaviors did its employees engage in that gave you this opinion?

2. What was "Mark-to-Market" accounting? What is the potential ethical problem with this system? Do you think that the executives at Enron were aware of this problem?

3. Who was Enron's CEO? CFO? Chairman of the Board? What roles did they play in Enron's fraudulent scheme?

4. Were there any "red flags" or clues that should have alerted Enron's Board of Directors that the company's financial situation was not as strong as Skilling and Lay reported it to be?

5. At what point do you think the Enron Board of Directors should have stepped in? What actions could they have taken?

6. Identify three groups of stakeholders who were affected by the unethical conduct of the leaders of Enron. Discuss how each group was affected.

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