1. Who were the stakeholders involved in‚ or affected by‚ the collapse of Enron? All stakeholders were‚ obviously‚ affected by the collapse of Enron. However‚ several of them were critical‚ especially those being considered as market stakeholders such as suppliers‚ creditors‚ employees‚ and stockholders. These mentioned stakeholders seem to be Enron’s most recognizable as the essential contributors to its organization. They dared of giving up an available alternative in order to take a risk with
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Enron: The Smartest Guys in the Room Importance of Accounting Accounting is important because it manages the checkbooks of company which are important to analyses and determine the success of the business by looking through the different account statements and translating the company documents. An accountant or accounting firm starts and maintains auditing of a company. Accounting is also important because it offers a great assistance in planning the future investments as well as being able
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Before filing for bankruptcy in 2001‚ Enron Corporation was one of the largest integrated natural gas and electricity companies in the world. It marketed natural gas liquids worldwide and operated one of the largest natural gas transmission systems in the world‚ totaling more than 36‚000 miles. It was also one of the largest independent developers and producers of electricity in the world‚ serving both industrial and emerging markets. Timeline Enron began as Northern Natural Gas Company‚ organized
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The Enron scandal A brief on Enron’s history Enron was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. In the early 1990s‚ he helped to initiate the selling of electricity at market prices‚ The resulting markets made it possible for traders such as Enron to sell energy at higher prices‚ thereby significantly increasing its revenue. As Enron became the largest seller of natural gas in North America by 1992‚ Enron pursued a diversification strategy
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Ayusarita Satriani 311368 – IUP BUSINESS UGM Financial Management ENRON Resources: http://en.wikipedia.org/wiki/Enron_scandal ; http://news.bbc.co.uk/2/hi/business/1780075.stm; http://finance.laws.com/enron-scandal-summary Enron is an energy company that successfully grew from nowhere to be America’s seventh largest company‚ which has 21‚000 staff in more than 40 countries in 15 years. It was one of the world’s leading electricity‚ natural gas‚ communications‚ and pulp and paper companies
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main board of Andersen Module Title: Marketing Management Ulster Business School University of Ulster Student No: Word Count: 1997 TABLE OF CONTENTS 1. INTRODUCTION 1 2. CURRENT MARKET AND COMPANY POSITION 1 2.1 Overview 1 2.2 Environment and Customer Needs Analysis 1 2.3 SWOT Analysis 2 Strengths 3 Weaknesses 3 Opportunities 3 Threats 3 2.4 The BCG Matrix Analysis 3 3. FUTURE MARKETING STRATEGIES 4 3.1 Product
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Enron Scandal In 1985‚ Enron was formed by Kenneth Lay after the merging of Houston Natural Gas and InterNorth. In the 1990s‚ Lay helped to initiate the selling of electricity at market prices. Markets made it easier for Enron to sell energy at higher prices‚ which caused the company to get richer. Enron was the largest merchant of natural gas in 1992. In November 1999‚ the creation of EnronOnline enabled Enron to develop‚ negotiate and manage its trading business. By 2001‚ Enron became a
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“What Went Wrong at Enron?” Trident University International Phillip M. Cherry Module 5 Case Assignment ETH 501: Business Ethics Dr. Michael Garmon March 1‚ 2012 3/1/2012 Introduction In this paper I will provide a critical evaluation of the Corporate Culture at Enron‚ explain how the business ethics and operations were influenced by the corporate culture‚ and what went wrong. In addition
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THE MERIT CORPORATION Family-owned and -operated for three generations‚ the Merit Corporation manufactured and sold children’s furniture. John Kirschner‚ Merit’s CEO and grandson of the company’s founder‚ was actively involved with every aspect of the firm’s operations. Now‚ as he was considering early retirement in the next few years‚ he began to think about his legacy for the future. Merit’s headquarters and the biggest of its three manufacturing plants were located in an industrial park 10 miles
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1. Use the values given in the above triangle and find the value of B‚ b‚ and c. A. A+B+C=180 B. A+C=48+97=145 C. B=180-145=35 2. Two sides and an angle (SSA) of a triangle are given. Determine if the given measurements produce one triangle‚ two triangles‚ or no triangle at all. Sin B)/5=sin70/7 Sin B/5=0.9397/7 Sin B=0.6712 then B=42 or 138〗 B = 138 is impossible since 138 + 70 = 208 and exceeds 180 B=42 since 42+70 = 112 and less than 180 C = 180 – 112
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