Winning Strategy

RESPONSE TO WEEK-1 DQ-2 By Abid Hussain Junejo Thompson et.al. (2008: 15) suggest that a winning turn up bankers bill must take into account realistic side of the confederation including all internal and external environmental factors (competition, markets, pains status, strengths and flunk of resources, competency, capability, etc); must ensure sustainable competitive profit to the society and result in ameliorate company exploit. Enron which had started its lead as a sleepy natural gas subway system line company, emerged as a symbol of 1990s new-fashioned prudence due to strategy based on dream of Mr. hatful locate, Jeffrey Skilling and Andrew Fastow. The company kept on showing improved performance quarter after quarter and it was considered “a smother highway devout and icon of the new information frugality” (White 2006). property in view that the “Wall street darling” was reclassified as a “bad-guy” within th e same day when the consecrate was report in 2001, I tend to agree with the interpreting 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 new-fashioned the results and other many be system frauds and gimmicks found in the post collapse investigations ar the unwavering facts which reveal deliberate misinformation of shareholders and other frauds which led to laborious punishmen ts to the management. that I am sure had th! e collapse not occurred, these practices would cleave been reported as visionary and strategic approach and tens of scholars would do written research papers giving a theoretic foundation to the practices now termed as fraud. We have just of late celebrated first “birthday” of Meryl Lynch collapse. We now bash 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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