Thursday, March 10, 2016

Ethical Boundaries Assignment Help for stakeholder

Get Ethical Boundaries Assignment Help for stakeholder....Enron is a good example by business assignment help  experts. Get Assignment Help Now.

Overstepping Ethical Boundaries for Stakeholder Agendas

As per assignment help experts, Enron is a good example of a company overstepping ethical boundaries for stakeholder’s agendas.  Enron Corporation is an American energy, commodities, and Services Company based in Houston, Texas. Enron Company.  In Houston, a conference was held by the company for the Wall Street investors and analysts. In this conference, different financial experts were gathered those are related from the natural gas and power industries. The main focus of this conference was to identify Enron’s capabilities for its rapidly growing business of numerous commodities such as electricity, and network bandwidth.

In this conference, Jeffery Skilling the president of Enron Corporation stated that the money losing for this broadband network business is worth of $29 billion or the $37 per share. He also stated that the reason of bankruptcy is to hidden the unethical practices or extra ordinary events that are driven by the behind the scenes deals. These deals were also hidden by questionable accounting that created negative impact on organization. In this way, the company is not fulfilling the ethical boundaries for the stakeholder’s agendas. In order to avoid these types of situation in the organization, the company could develop and implement ethical standards, rules and regulation effectively. By implementing ethical policies in the organization, the company could reduce the chances overstepping ethical boundaries for stakeholder agendas effectively. On the other hand, the business organization could also review the ethical rules time to time.

In addition, the business firm could also develop effective criteria for different accounting standards in an effective manner. Along with this, it should also be noted down that the company could also implement different strategic policies and guidelines to overstepping ethical boundaries for stakeholder agendas. In addition, the company could build separate policies, rules and regulations effectively for the long term purpose. Apart from this, the company could also develop criteria for periodical review. Additionally, the business organizations could also identify the separate standards in order to avoid overstepping ethical boundaries for stakeholder agendas. Hence, it is analyzed that by developing and implementing effective ethical standards and guidelines, the company could avoid such type of issues.

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