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Enron's overall business practices are not ethical. One business practice of Enron that I think poses an ethical issue is their attitude towards its employees. They create a highly competitive and a result oriented business atmosphere. They used a system where they would rank employees every half a year and fire employees who ranked on the bottom 1/5 of the scores. This kind of attitude where only results matter and if you don't produce anything good you will get fired will only hurt the company. This promotes unethical behavior and getting what needs to be done to get good results no matter what and if you do well you will receive big bonuses. This approach towards Enron's employees did not have very good utilitarian reasoning. This doesn't help employees morale and psychological satisfaction. The cost of this kind of approach was very low because in fact you will weed out the slackers but the results Enron had where employees afraid to question unethical situations in......



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Title: Enron And Its Shortcomings
Approximate Word Count: 1082
Approximate Pages: 5 (250 words per double-spaced page)

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