Evaluation:
Published: 30.11.2005.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Ethical Problems of Organizations', 1.
Extract

Most of this chapter focuses more on company's disasters than typical ethical issues within companies. According to this chapter "business wasn't always as complex as it is today". (pg.195)Today, big companies have many stakeholders. Stakeholders are "consumers, customers, employees, shareholders and the community."(pg 197)In fact, some of these stakeholders can affect or be affected by business decisions. So any bad decisions a company makes affect its stakeholders as we are going to see in the following cases.
With the collapse of Enron many of the stakeholders suffered the consequences of bad decisions made by the company. …

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