“Enron’s organizational culture” Questions for Discussion 1. Explain how Enron’s culture influenced practices outcomes‚ include advantages and disadvantages Answer: the advantages of Enron’s culture are that they were very aggressive (saying yes to other projects) and unethical (corruption‚ corners cutting)‚ in that way the company can generate a quick grow. But the disadvantages are very high; they completely lost control of the company because they gave freedom to young and
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Ranbaxy Laboratories Ltd. (RLL) is the largest pharmaceutical company incorporated in India. It is also amongst the top league globally and is ranked 9th largest generic company worldwide. Ranbaxy is also credited with the tag of true Indian multinational. The company traces its roots to a chemist shop in Delhi. It is one of the first Indian pharmaceutical company to start a joint venture abroad. Rapid growth of Ranbaxy is attributed mainly to its focused research and joint ventures in India and
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In 1983‚ Costco Wholesale Corporation‚ the fourth-largest retailer in the United States‚ was founded by former Price Club executive‚ Jim Sinegal‚ and lawyer Jeffrey Brotman. Costco focuses on selling products at low prices in bulk packaging and focuses mostly to large families and small businesses. They sell products like flat-screen TVs‚ gallon jugs of mayonnaise‚ and coffins. Costco operates 556 stores worldwide: 405 in the United States‚ 77 in Canada‚ 31 in Mexico‚ 21 in the United Kingdom‚
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In this assignment we introduce the idea that the organizational culture is the personality of an organization which can be defined‚ measured‚ sustained and changed and have an important impact on an organization’s effectiveness. We want to define organizational culture as it is presented by two theorists‚ indicate levels of expressions of culture in an organization‚ and provide specific strategies or tools to modify organizational culture. We know that every individual has something that psychologists
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On Dialogue‚ Culture and Organizational Learning Article Summary This article explains the importance of dialogue‚ culture and organizational learning as solutions to the context of changes that are occurring nowadays in the organizational world. They are necessary to avoid communication failures and cultural misunderstanding. The problem is that organizations of all sizes tend to break down into subunits of various sorts because of increasing rate of change in the environment such as the growth
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Case Briefing: Laura’s Employment Dilemma Issue Decide on most appropriate employment opportunity according to personality traits. Background After working for 12 years at a budget office at the state level‚ Laura Gomez decided to go back to school and obtain an MPA degree. She was looking for a change from the routine‚ but considered going back to the job market having an MPA degree would be advantageous. Being a single parent‚ she feels compelled
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Strictly Private & Confidential Jyothy Laboratories Limited Analyst Meet June 3‚2011 Contents Company Overview Financial Summary for the Year Ended FY11 Category-wise Analysis Recent Developments – Henkel Acquisition JFSL Status Update 1 Company Overview A FMCG company with presence in the fabric care‚ household insecticide‚ surface cleaning‚ personal care and air care segments Promoted by Mr. M.P. Ramachandran in 1983 Mr. Ramachandran has over 37 years of
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WorldCom: Organizational Culture and Unethical Safeguards Organizational culture is one of four influences whether an ethical or unethical behavior will be made. WorldCom’s demise‚ deliberately overstating their income by $7 billion between 1999 and 2002; and their once valued stock of $180 million becoming nearly worthless‚ can attribute a significant amount of their failure on their “dis”organizational culture. Corporations worldwide who do not think this type of fraud can happen at the hands
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Organizational culture is sometimes referred to as corporate culture‚ though this isn’t the best description since a large non-profit organization or charity could also have its own organizational culture even though they are definitely not corporations. A very basic definition of organizational culture as given by Deal and Kennedy is the way things get done around here. However this definition is too narrow and therefore there is a need for a deeper definition as follows. Organizational culture
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I. SITUATION AND PROBLEM: 1 for Juan Const. Inc.‚ one of the “Triple-A” construction company in the country has been in the business for 38 yrs. focused on Land Development‚ Housing construction‚ Commercial construction and Convenience Store construction. Despite the company’s good sales/growth history‚ surviving the economic crisis then and now‚ 1JCI has not expanded much to other markets or areas of construction beyond its comfort zone. Economists and business analysts alike believe that the
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