Include at least one outside source supporting your answers. Explain your answers in words.
Respond to at least two of your fellow students' postings. My tutorial includes two answers to this DQ and you should use any one of the two. Enron ethical meltdown begins with the foundation of ethics and culture the organization sets forth. Leaders are responsible for creating the foundation and to lead by example.
When the leaders are not following the ethical standards, employees begging to think this are acceptable behavior. Messick and Bazerman argue that potential consequences are often ignored because of five possible biases: ignoring low probability events, limiting the search for stakeholders, ignoring the possibility that the public will find out, discounting the future, and undervaluing collective outcomes.
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Selection-During the selection of the employees, he should have selected those who have ethical behavior already. They should also have ability to make their self decision rather than being sheep of a herd. Ethics training-He should have provided proper ethical training to all the employees so that they won't turn towards being unethical. Performance appraisal-Performing appraisal frequently would have made employees perform.
Reward and punishment system-CEO should have stated reward and punishment system.
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Hard worker would perform even harder while unethical would get lesson of no repeating the same mistake. Managing employee discipline and privacy-Being a CEO, he should respect the privacy of the employees too.go
Ch14_HRPO - Chapter 14 Enron Ethics Case Application Case...
This will make the employees feel that they are an important part of the company and will perform more delicately. Reference: Dessler, G. Subscribe to: Post Comments Atom. Popular What mental accounts do you have in your mind about purchasing products and services? Do you have any rules you employ in spending money? Are they different from what other people do? Do you follow Thaler's four principles in reacting to gains and losses?
Leadership in Business-A case study on Enron
Mental accounting is the set of cognitive operations used by consumer to code, categorize and evaluate financial outcomes of choices. What do you think Hulu's owners should do now?
What is it about this situ Strategic planning concepts with those of strategic intent and skill-based strategic thinking. Explain how the differences in these concepts can lead to better business strategy practice. Compare and contrast conventional strategic planning concepts with those of strategic intent and skill-based strategic thinking. Explain h Kraft's competitive strategies. A Post Describe Kraft's competitive strategies.
Enron, Ethics, and Organizational Culture by asma rasheed on Prezi
Kraft Foods Inc. It is the What aspects of the legal-political environment do strategic decision-makers need to examine? The political environment of a nation i Kodak's driving forces, implications, and critical success factors of the business environments. Explain Kodak's driving forces, implications, and critical succ Applebee Strategies to revive their reputation.
Visit the Applebee's Web site www. Then, using the Applebee's strategies as a model, discuss how other, Identify the four market segment groups based on brand loyalty status and list what a company can learn from analyzing the degrees of brand loyalty.
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