03 Aug The Enron scandal illustrates the extent
Question 1: The Enron scandal illustrates the extent to which the decision-making process can fail. TIME magazine has done an extensive look at the demise of this company and the collateral damage inflicted on stockholders, suppliers, customers, and employees.
Navigate to http://www.time.com/time/2002/enron/. There you will find two interesting articles entitled “California Scheming" and “How Fastow Helped Enron Fail.” Relate this article to the failure to “Escalation of Commitment and Ethics in Decision Making” that you read about in your text.
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