BA541L1A6 - BA541 Business Ethics Lesson #1 Assignment #6...

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BA541 Business Ethics Lesson #1 Assignment #6 1. What led to the collapse of Enron under Lay and Skilling? Although the adage, money is the root of all evil, applies to the Enron  situation, I believe no one person or incident led to its collapse. It took a  corporate village to destroy a company by turning a blind eye to numerous  fraudulent acts time after time. And with time, the corporate culture  adapted to condone the wrongdoing, and the incidents snowballed. I agree  with the “house of cards” example as an unstable foundation of core  beliefs/ethics can only lead to disaster. Enron was built on one shaky  dealing after another.  2. How did the top leadership at Enron undermine the foundational values of the Enron Code of Ethics? My philosophy is that you either “walk the walk,” or you don’t. One can talk  on and on (64 pages worth, in fact) about how moral and ethical s/he is,  but if that is not put into practice, it means nothing. By making grand  declarations of their commitment to the code of conduct, and disregarding 
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BA541L1A6 - BA541 Business Ethics Lesson #1 Assignment #6...

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