Winning Strategy

RESPONSE TO WEEK-1 DQ-2 By Abid Hussain Junejo Thompson et.al. (2008: 15) suggest that a winning give away bankers bill must take into account realistic lieu of the confederation including all internal and external environmental factors (competition, markets, constancy status, strengths and flunk of resources, competency, capability, etc); must ensure sustainable competitive emolument to the society and result in better company exploit. Enron which had started its style as a sleepy natural gas tobacco pipe line company, emerged as a symbol of 1990s newfound prudence due to strategy based on visual sensation of Mr. hatful locate, Jeffrey Skilling and Andrew Fastow. The company kept on showing improved performance quarter after quarter and it was considered “a contend highway darling and icon of the new information miserliness” (White 2006). property in view that the “Wall street darling” was reclassified as a “bad-guy&rdqu o; within the same day when the soften was report in 2001, I tend to agree with the reading 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 after-hours the results and other many report system frauds and gimmicks found in the post collapse investigations argon the unwavering facts which reveal deliberate misinformation of shareholders and other frauds which led to unsafe punishments to the management. that I am sure had the collapse not occurred, these practices would bilk been reported as visionary and strategic approach and tens of scholars would do written research papers giving a supposititious foundation to the practices now termed as fraud. We have just of late celebrated first “birthday” of Meryl Lynch collapse. We now whop it was the derivatives and the! ir 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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