Organizational Behavior: Terminology and Concepts Organizations today often encourage change to better the work environment. However‚ these changes often cause unwanted results which were not expected. This leads us to observe organizational behavior (OB) in hopes of minimizing unwanted and/or negative changes within an organization. Organizational behavior‚ organizational culture‚ diversity‚ communication‚ organizational effectiveness and efficiency‚ and organizational learning are all factors
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Enron and Ethics Failure is the best teacher not only for those who fail‚ but also for those who observe the failure. Thus‚ for many businesses the Enron scandal proved to be the greatest teacher. Since the fall of Enron‚ there have been several theories and examinations about why it failed as it was a corporation that no one imagined would ever crash. Based on research to date there are multiple reasons for Enron’s failure; however‚ one that stands out immensely is corporate disregard for ethics
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Leadership style – Executive A Executive A has clear characteristics of a Level 5 leader. Humility and will are the two characteristics of a Level 5 leader that are most prominent and Executive A is described as fiercely ambitious‚ yet one who shy’s from attention‚ gives credit for success to other leaders and accepts responsibility for mistakes and poor results. Executive A’s will is displayed in his ability to turn the company from less than good to great. He placed his focus on the success
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An Organizational Failure: Blockbuster Rana Fawad 1. Describe and discuss how the organization’s culture facilitated the failure. Philips (2011) believes that success or failure of any great company depends on “Events‚ internal and external” (p. 3). Blockbuster also appears to be a victim of certain events at internal as well as external level. Based in McKinney‚ Texas‚ Blockbuster and founded in 1985 (Blockbuster Corporate‚ 2012) and it ushered in a new era as far as video rental retail
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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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Study of Organizational Behavior in Bangladeshi Organization Organizational Behavior Course code: MHR 203 Submitted to: Mr. Asaduzzaman Chowdhury Director‚ BTCL271/27 Course Instructor Course code: MHR 203 Submitted by: Anim-Ul-Haque
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ENRON Introduction Enron was the country’s largest trader and marketer for electric and natural gas energy. Its core business was buying energy at a negotiated price and later‚ selling the energy when prices increased. As an energy broker‚ Enron provided a service by allowing producers to negotiate a certain price while Enron took the risk that prices would fall below what it bought energy. Buyers of energy also benefited because Enron could ensure the supply of energy. In 2000 Enron was listed
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Business Ethics Enron Case 1. Using the options market more for gambling purposes to cover loss rather than insurance. The culture was if one of their employees was making a lot of money they didn’t ask questions they didn’t look too deep into where the money was going they eventually gave these people more money to spend and use‚ what they realized later on was that that employee wasn’t very good. They were just lucky one time. They made some losses and had to get that loss back so they put
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Joshua Harris Althea Johns Organizational Behavior October 21‚ 2012 Understanding Organizational Citizenship Behaviors Citizenship‚ most don’t normally associate this term with an organization like a business. Many would think of the word citizenship in terms of the country that you may live in. Some may even think of it more broadly then that. As in we are all citizens of this planet. But what is the opposite? Are there smaller citizenship classifications‚ and are they as important? Particularly
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Enron 1. How did the corporate culture of Enron contribute to its bankruptcy? There was an overwhelming aura of pride‚ carrying with it the deep-seated belief that Enron¡¦s people could handle increasing risk without danger. The culture also was about a focus on how much money could be made for executives. For‚ example Enron¡¦s compensation plans seemed less concerned with generating profits for shareholders than with enriching officer wealth. Enron¡¦s corporate
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