LDR 531 Managerial Organization Assignment Option One Enron
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LDR 531 Managerial Organization Assignment Option One: Enron
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Managerial Organization Assignment Option One: Enron
One of the most notorious scandals in American history involves Enron in which primary disclosure occurred in October 2001. In this scandal Enron a company recognized in both the international and domestic energy business processed transactions in misrepresentation of earnings reports for gaining revenue. Enron auditing, accounting, consultancy services, and Arthur Anderson are involved with not disclosing the true financial conditions of Enron. The scandal and corporate security of Enron resulted in forced bankruptcy filing in December 2001 (Laws.com, 2013). Identification of specific organizational behavior theories can help predict, identify, and explain the company's failure. Comparing and contrasting the roles of leadership, management, and organizational structures contributions to failure provide insight for concluding the causes of business failure.
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