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Poor decision making can occur at any level. It affects empl

Poor decision making can occur at any level. It affects employees at all levels, from the chief executive officer (CEO) down to the administrative assistant. There are five decision-making pitfalls: groupthink, escalation of commitment, Abilene paradox, group polarization, and unethical decision making.

The Enron debacle is an excellent example of how poor decision making can prove disastrous.

Tasks:

Read Periodicals> ProQuest> "Guilty As Charged!; A verdict on Enron's top two executives...and on an entire era." Kim Clark, Marianne Lavelle. U.S. News & World Report. Washington: Jun 05, 2006. Vol. 140, Iss. 21; p. 44-45

Respond to the following questions:

How is the Enron case an example of the way in which groupthink can lead to a disaster?
Who acted unethically?
How is the Enron case an example of the way in which unethical decision making can lead to a disaster?
What was the unethical decision or behavior?
What happened to the company and its stakeholders as a result?
What happened to the CEO who made the unethical decision?

Note: Be sure to document any information that is not common knowledge and that you took from secondary sources to answer the questions.Poor decision making can occur at any level. It affects employees at all levels, from the chief executive officer (CEO) down to the administrative assistant. There are five decision-making pitfalls: groupthink, escalation of commitment, Abilene paradox, group polarization, and unethical decision making.

The Enron debacle is an excellent example of how poor decision making can prove disastrous.

Tasks:

Read Periodicals> ProQuest> "Guilty As Charged!; A verdict on Enron's top two executives...and on an entire era." Kim Clark, Marianne Lavelle. U.S. News & World Report. Washington: Jun 05, 2006. Vol. 140, Iss. 21; p. 44-45

Respond to the following questions:

How is the Enron case an example of the way in which groupthink can lead to a disaster?
Who acted unethically?
How is the Enron case an example of the way in which unethical decision making can lead to a disaster?
What was the unethical decision or behavior?
What happened to the company and its stakeholders as a result?
What happened to the CEO who made the unethical decision?

Note: Be sure to document any information that is not common knowledge and that you took from secondary sources to answer the questions.

Solution Preview

Poor decision making can occur at any level. It affects employees at all levels, from the chief executive officer (CEO) down to the administrative assistant. There are five decision-making pitfalls: groupthink, escalation of commitment, Abilene paradox, group polarization, and unethical decision making.

The Enron debacle is an excellent example of how poor decision making can prove disastrous.

Tasks:

Read Periodicals> ProQuest> "Guilty As Charged!; A verdict on Enron's top two executives...and on an entire era." Kim Clark, Marianne Lavelle. U.S. News & World Report. Washington: Jun 05, 2006. Vol. 140, Iss. 21; p. 44-45

Respond to the following questions:

How is the Enron case an example of the way in which groupthink can lead to a disaster?
Who acted unethically?
How is the Enron case an example of the way in which unethical decision making can lead to a disaster?
What was the unethical decision or behavior?
What happened to the company and its stakeholders as a result?
What happened to the CEO who made the unethical decision?

Note: Be sure to document any information that is not common knowledge and that you took from secondary sources to answer ...

Solution Summary

Poor decision making can occur at any level. It affects employees at all levels, from the chief executive officer (CEO) down to the administrative assistant. There are five decision-making pitfalls: groupthink, escalation of commitment, Abilene paradox, group polarization, and unethical decision making.

The Enron debacle is an excellent example of how poor decision making can prove disastrous.

Tasks:

Read Periodicals> ProQuest> "Guilty As Charged!; A verdict on Enron's top two executives...and on an entire era." Kim Clark, Marianne Lavelle. U.S. News & World Report. Washington: Jun 05, 2006. Vol. 140, Iss. 21; p. 44-45

Respond to the following questions:

How is the Enron case an example of the way in which groupthink can lead to a disaster?
Who acted unethically?
How is the Enron case an example of the way in which unethical decision making can lead to a disaster?
What was the unethical decision or behavior?
What happened to the company and its stakeholders as a result?
What happened to the CEO who made the unethical decision?

Note: Be sure to document any information that is not common knowledge and that you took from secondary sources to answer the questions.

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