Type your responses in the boxes below: Thesis Statement The practices by Enron’s management breached the fiduciary, property, transparency, dignity and fairness principle, this unethical behavior is why they developed conflict of interest between high up board members, this was using their company’s profits as their own bank for their own benefits.
Main argument 1: Fiduciary – Work traits and loyalty Topic Sentence Loyalty and consistency of work at Enron was doubtfully its best traits. This prevailed when Enron’s loyalty became towards individuals instead of what was best for the company and its stakeholders. Descriptive ethics Throughout Enron, the loyalty principle and behavior were misleading. This is shown through the fraud of the financial stakeholders. The executives were always looking towards what is morally right for the business. Management has the obligation to not harm particular stakeholder interest from a moral mint of view’ (Refer Culpa & John Trusses 2005) but this was soon demoralized as the loyalty of Enron and its stakeholders were using the businesses profits for personal use. Supporting evidence Applying the agency and stakeholder theories to the Enron debacle: An ethical perspective (Culpa & Trusses 2005), (Tongue, Greer & Layton 2003 Volvo. 12: 1). (Kicking, M 2002).
Analytical and normative ethics As Enron was getting bigger as a whole company and gaining more profits it started to become more unethical with its principles with little morals about the company and how it was built upon. Executives in Enron throughout the company breaching conditions of the conflict of interest. Throughout the growing size of the business Enron’s actions were morally wrong betraying there own stakeholders and employees. In no moral point of view can Enron’s actions be accounted for as a positive for the business.
Conclusion The principles of loyalty, success and to always put what is morally right first, if Enron continued to follow these principles they wouldn’t have been in the situation they were in regarding to corruption and unethical employees. Main argument 2: Transparency ? truthfulness & deception Businesses rely on truthfulness; without truthfulness there is deception. This deception can lead to unethical behaviors, which contributes to bad business choices.
Unethical choices in the business environment effected Enron’s truthfulness in its company with many decisions going on without the knowledge of others knowing. ‘Persistent denials of senior managers of any knowledge of the deceptions or associated wrongdoing (Serge & Elmer 2003) Us porting Explaining Enron: communication and responsible leadership (Serge & Elmer 2003). Truthfulness requires honesty, it is one of the most influential and important factors in making a business successful, the codex refers to Transparency without truthfulness there can be a deception.
Some employee’s throughput Enron can be subject to being untruthful and this deception of doing what is morally right for the business. Truthfulness is a key factor in making a business successful. Being deceptive normally leads the business into bad working ethics and UN ethical behavior. Without the truth of trusted employees what can the business gain on a oral factor. Main argument 3: Fairness & Dignity ? Fair treatment, fair dealing and respects for individuals. Fair treatment for all employees is the key to making the business run successfully, dealing fair with work related matters I. . Money. Respecting each employee and giving them equal opportunity is also a important factor. Fairness to employees and fair dealing has an improved outlook and health on a business, these ethics with critical respect for others can benefit all sides of your business, but without these key factors it’s hard to run a smooth and complex business. The leadership of Enron almost certainly dictated the company’s outcome through their own actions by providing perfect conditions for unethical behavior.
Enron ethics: or culture matters more then codes (Sims & Brinkman 2003). Using bad ethics and deception has lead to Enron’s failure that has transpired. These actions by employees were untruthful and played a key factor in the corruption Of the business. However the respect for individuals was minimal as the actions of those were involved were selfish towards themselves and cost the livelihood of others. This shows a lack of respect to which those were responsible.
Through the actions and lack of respect to others the fair treatment of the individuals prevailed through the actions and punishment of those responsible. Fair dealing of those responsible for the UN ethical behavior was of no gratitude to those who were affected. Concluding Due to the actions and ethical behaviors of those involved Enron hasn’t had fair dealing of those involved, been untruthful, deceptive and unfair to all that have been involved. Those who are responsible have shown no respect towards others and the principles of a business.
ESSAY DEVELOPMENT SECTION 1: ESSAY PLAN 175 Clear Needs Work pass Credit Distinction High Distinction STRUCTURE Thesis statement There is no thesis statement OR The thesis statement is not related to the essay question. There is a thesis statement but it: Does not take a clear position Does not provide reasons and Is not directly related to the essay question. There is a thesis statement that: Provides reasons but Is somewhat related to the essay question. Takes a clear position provides reasons and Provides reasons and Is mostly related to the essay question. Answers the essay question. 0 0-2. 5 3. 0-4. 5 5. 0-6. 0 6. 5-7. 0 7. 5-8. 0 8. 5-10. 0 Main argument, topic sentence and explanation There are less than 3 arguments which: Do not link back to the question or the thesis statement and Are not ordered in a logical sequence. May not link back to the essay question and/or the thesis statement OR May not be ordered in a logical sequence. There are at least 3 arguments which: May or may not relate to the essay question Link back to the thesis statement Use descriptive ethics and May or may not be ordered in a logical sequence. Are somewhat related to the essay question
Us port the thesis statement use descriptive ethics and Are ordered in a logical sequence. Are mostly related to the essay question Us port the thesis Statement Are directly related to the essay question Supporting evidence, evaluation and conclusion Each argument does not have: Supporting evidence; OR An evaluation that uses descriptive ethics OR A conclusion. Each argument has: Supporting evidence; or An evaluation that uses descriptive ethics and A conclusion which may or may not link back to the question and/or the thesis statement. Each argument has: Supporting evidence;
A conclusion which may or may not link back to the question and the thesis statement. Each argument has: An evaluation that uses excellent descriptive ethics and A conclusion which links back to the question and the thesis statement. Each argument has: An evaluation that uses analytical ethics and A conclusion which links back to the question and thesis statement.