BUS 101 Enron - one 4 The size of the company was the major...

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1. The major stakeholders in this case are the managers and owners. The managers made these decisions for the sake of the owners profits. Employees were also stakeholders because they were laid off in record numbers after the companies collapse. Consumers were lied to about the ethics of the company and had a false view of what its success was. 2. Yes. The interests of the stockholders to make profit were in conflict with the company’s ethics policy. Their eventual collapse showed that this was also in conflict with the interests of the employees. 3. This case is about the choices between ethics and profit and the results of not choosing the right
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Unformatted text preview: one. 4. The size of the company was the major reason why it collapsed. The complex network of different industries as well as controversial political connections made them a prime target for scrutiny. Because of this, when just a small part of their accounting was discovered, it was very easy to go onto the rest. 5. All were hurt in the end. A company collapsing is in the interest of no stakeholder. 6. 7. I would keep in mind that his framework does not believe in lies. Friedman would therefore have not thought the accounting practice was ok. 8. No. It would have came to the same conclusion that the accounting practice was wrong....
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