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Business Ethics and Organizational Culture

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Define "organizational culture." Please be very specific (and be sure that you provide references for your description of culture).

Evaluate Enron's sense of business ethics and business operations in the context of the organization's culture? Specifically, what went wrong?

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Solution Summary

This solution discusses organizational culture and evaluates Enron's sense of business ethics and business operations in the context of organizational culture. A thorough discussion of all relevant topics is provided. Includes 4 references.

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Define "organizational culture." Please be very specific (and be sure that you provide references for your description of culture).

Organizational culture holds different meaning to different companies, however, most companies would agree that all organizational culture in thriving, healthy, integral business environments are based upon the same general principles. Organizational culture if oftentimes interchangeably used with the terms "internal culture" and "corporate culture." The organizational culture is the accumulation of morals, principles, and values that guide day-to-day business operations. The organizational culture impacts every aspect of the business's operations. This is how the business operates, which is either based on strong principles that demand loyalty, honesty, and a high sense of ethics, or in some companies that we've seen fall, it means illegal, unethical acts based on greed and ill-motives. ...

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