Winning Strategy

RESPONSE TO WEEK-1 DQ-2 By Abid Hussain Junejo Thompson et.al. (2008: 15) suggest that a winning place bankers bill must take into account realistic perspective of the confederation including all internal and external environmental factors (competition, markets, sedulousness status, strengths and flunk of resources, competency, capability, etc); must ensure sustainable competitive gain to the society and result in amend company exploit. Enron which had started its row as a sleepy natural gas tobacco pipe line company, emerged as a symbol of 1990s b ar-assed prudence due to strategy based on imagery of Mr. hatful locate, Jeffrey Skilling and Andrew Fastow. The company kept on showing improved performance quarter after quarter and it was considered “a ring highway loved and icon of the new information prudence” (White 2006). property in view that the “Wall street darling” was reclassified as a “bad-guy” within the s ame day when the resolve was report in 2001, I tend to agree with the edition of Mr. Lay “claiming that Enron was a thriving company that fell dupe to a collapse in investor confidence brought on by wondering(a) news reports and aggressive hedge fund short sellers” (White 2006).

The Arthur Anderson’s role as consultants, trade-in-and-out to inf posthumous the results and other many score system frauds and gimmicks found in the post collapse investigations are the unwavering facts which reveal deliberate misinformation of shareholders and other frauds which led to flagitious punishments to the m anagement. that I am sure had the collapse ! not occurred, these practices would go been reported as visionary and strategic approach and tens of scholars would do written research papers giving a suppositional foundation to the practices now termed as fraud. We have just of late celebrated first “birthday” of Meryl Lynch collapse. We now crawl in it was the derivatives and their accounting which led to one of the most...If you want to get a full essay, order it on our website: BestEssayCheap.com

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