some research on the Internet about what has happened with Enron. Now apply the three questions used to test the merits of a winning strategy (text p13) to Enron. Describe the strategic management failure in Enron that led it into its demise? Enron was formed in 1986 from the merger of natural gas pipeline companies Houston Natural Gas and Internorth. At the time of filing for Chapter 11 Bankruptcy protection in December 2001‚ Enron had a portfolio of diversified activities ranging from the transportation
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Based in Houston‚ Texas an American energy‚ commodities‚ and services company named ENRON CORPORATION was Ranked number 7 on the fortune 500 list in 2000‚ it was one of the most famous and largest integrated natural gas and electricity companies in the world. The company went bankruptcy on December 2‚ 2001. But before that it marketed natural gas liquids around the world and was working as one of the biggest natural gas transmission systems in the world‚ with transmissions over a massive area of
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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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Structured play (or structured recess) is play that has a purpose. Children should have structured play because it is beneficial for their educational growth. It helps with paying attention in class. Structured recess also helps battle bullying and helps keep children safe. It cuts back on harassment on the schoolyard and keeps the kids from being too rowdy at recess stopping all injuries linked to free play. It also helps combat child obesity because with structured play‚ children are forced to
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for life. A blemish in the history of the world. But what if that terrible event had never happened? I believe that World War ll could have been prevented‚ if only the League of Nations and countries like France and Britain had been harder on Germany. One thing that would have prevented World War ll is if the League of Nations had done something. Germany should have been stopped from the beginning‚ back when Adolf Hitler was still gaining power. They began to remilitarize in 1935‚ violating the Treaty
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Useful Phrases for Structured Structured Monologue M. Platonova "Materials for the Speaking Part of the Centralised Exam" Structuring When delivering a structured monologue‚ one of the ways to begin your presentation is to outline its structure‚ using one of the following phrases: I’ve divided my presentation/speech into three (main) parts. In my presentation/speech I’ll focus on three major issues. M. Platonova "Materials for the Speaking Part of the Centralised Exam" Effective
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How Great Companies Think Differently This article highlights principles that leading companies employ to differentiate them from other companies that focus only on profits. These leading companies attempt to transcend the short-term bottom line mentality and aim at social involvement that will produce longevity and sustained profits over the long haul. Part of making money in the long term is longevity‚ and the way to longevity is to build an “enduring institution”. This is done through being
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Strategic Management How Great Companies Think Differently Making money has long been the ultimate aim of a business. This capitalism vision has influenced the majority of corporations limit their goals in generating the highest profits and returns to owners‚ regardless the health and safety of employees‚ the environment‚ and general public. An institutional logic‚ therefore‚ has been raised by professor of Harvard Business School－Kanter. Unlike traditional practices‚ this logic addressed a successful
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How Tom and Gatsby are Treated Differently Different treatment of Tom and Gatsby impacts Daisy’s decision of who to pick. Tom is treated better in general than Gatsby is. Tom and Gatsby are treated differently by society which affects Daisy’s choice of man at the end of the book. Gatsby is treated like a battery by society‚ when people are done using him they no longer want to be around him. While at Gatsby’s parties people gossip about him behind his back. People only come to his house for free
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Could the Spanish Armada have succeeded? The relentless decline in relations between Spain and England post 1558 engender a feeling of certain inevitability within the hostilities that broke out in 1585. Although tension between the two countries was extremely high it took years of preparations to actually instigate war. When Mary Queen of England died Philip lost all attachments with England and when Elizabeth came to power England no longer remained Catholic‚ Philip felt that England had
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