Enron: Smartest Guys in the Room by Amy Stavely 10 January 2015 Film Assignment Enron: Smartest Guys in the Room Enron is unquestionably the most well known ethical scandal of the business world. The only other scandal that even comes close is the Madoff Investment Scandal in 2008. Enron started out as a natural gas company but along the way added electricity along with pulp and paper to its list of commodities for sale. During it’s years of existence‚ Enron executives Kenneth
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Structural Frame of Organizations There are four frames of organizations - structural‚ human resource‚ political and symbolic. Each frame represents different perspective of the same organization just as looking through a different color lens on the same view. In order to understand any organization fully one need to learn how to look through each lens. Structural frame represents architectural design of organization. How departments‚ units and subunits are structured; assigned roles and responsibilities
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1. What problems did Enron encountered? Many went sour in the early months of 2001 as Enron’s stock price and debt rating imploded because of loss of investor and creditor trust Methods the company used to disclose (or creatively obscure) it’s complicated financial dealings were erroneous and‚ in the view of some‚ downright deceptive The company’s lack of transparency in reporting its financial affairs‚ followed by financial restatements disclosing billions of dollars of omitted liabilities and
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1. Conflict/Functionalist Theories KARL MARX EMILE DURKHEIM 2. CONFLICT THEORY Begins with Marx and his analysis of historyThesis/antithesis = struggle (conflict)Synthesis = a new order is produced because of the struggle between the classesAll of history can be understood in this wayThree stages of history: feudalism‚ capitalism & socialism (it was an inevitable destination!) (Many call it communism) 3. Always a struggleThe materialist view of history = the most important determinant of social
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Exploring the new applications of structural bamboo Introduction Bamboo is versatile group of grass‚ belonging to the subfamily Bambusoideae of the family Poaceae in Asia. It is fast growing‚ highest yield‚ low cost‚ and a renewable natural resource with excellent mechanical properties. To explore its potential as a building and structural material‚ further research on its properties is needed. In the following‚ the structure and mechanical properties of bamboo will be introduced. Then‚ a comparison
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There were definitely elements of structural funtionalism‚ conflict theory‚ and symbolic interactionalism present in this video. Structural functionalism was present in their everyday behavior. Their society is so stable in their own world because of how they work things out. They marry‚ grow beards and work for the rest of their lives
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deregulation led to schemes of market manipulation in 2000 and 2001 by major energy companies‚ including Enron Corporation. The philosophy of egoism emphasizes that decisions on what is right or wrong are based on the choice which best serves the self-interest of the decision maker. This approach says that individuals make choices based on the benefits they gain from them. In the documentary‚ “Enron: The
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Enron‚ what caused the ethical collapse? Q1. What led to the eventual collapse of Enron under Lay and Skilling? A1. There are many reasons‚ which led to the collapse of Enron. With the senior leadership of the company not holding/staying true to the company’s code of ethics‚ not enforcing many laws (which led to the company violating those laws). Therefore‚ the inability of the senior leadership to ensure that there are not only written practices as to how business should be done‚ but actually
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How does Rose use structural elements to strengthen his examination of the judicial system? Rose uses the structural elements of the play to further his position‚ critiquing the flaws of the judicial system. 12 Angry Men takes place in ’real time’‚ which allows for the play’s characters to further develop and creates a sense of realism. The characters of the play are representative of the play’s message‚ that decisions such as the one the jurors must make are important‚ and cannot be viewed with
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Structural Functionalism vs Conflict Theory Structural functionalism and conflict theory have some different points of view. One of them is that structural functionalism sees society as a complex system‚ that permit it to interact cohesively‚ and looks society as a macro-level orientation; while the conflict theory focuses on the social system that only work for a select few of society and is known because the struggle for dominance among social groups that compete for scarce resources. Knowing
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