Matt Morell
Dr. Setley
Business Ethics and Social Responsibility
28 October 2010
executive Summary
On August 15, 2001 visionneth direct was resumed the position of CEO of Enron lodge after the resignation of former President/CEO Jeff Skilling. Lay was left to deal with an accounting scandal that threatened the offbeat of the entire organization.
Once background information about Enron is discussed, to realize the optimum solution to the problems within the Enron Corporation, an Ethical Decision do Analysis ordain be utilized. The primary issue will be defined along with the key stakeholders that are touch on by the issue. The goals of the solution will also be identify before three solutions to the issue are discussed and evaluated.
After compendium of Ken Lays actions in response to the issue, it is think that his conclusion was not very effective. There are ii other alternative solutions to the issue that are discussed and the best chosen solution is then compared to the one implemented by Ken Lay. Finally, Ken Lays ethical rationale with his decision is then discussed along with the ethical rational behind the optimal solution to fix the issue with Enron.
Enron Corporation is an energy society that supplies natural gas to utilities.
A Merger between Houston earthy Gas and InterNorth in 1985 created the company and Kenneth L. Lay became the man in charge. Enron owned a large amount of pipelines that made barter transactions of the natural gas convenient. Deregulation of the energy industries in the 1980s helped Enron gain a competitive advantage everyplace other corporations in the industry (Lawrence, 2003). Utility companies were now able-bodied to compete with one another instead of being correct by the government.
Once Enrons success started to plateau in the Natural gas industry, they decided to enter into other markets such(prenominal) as electricity, water, broadband, and also pulp, paper, and lumber with...If you want to get a full essay, order it on our website: Orderessay
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