The paper "Business Ethics Analysis: Enron" is an amazing example of a Business case study. Business ethics refers to the critical examination of how business organizations should behave. It is an analysis of whether certain business practices should be accepted (Ferrel et al, 2011). High ethical standards demand the conformance of businesses and people to sound moral principles. The application of ethics to businesses requires consideration of some special aspects. To begin with, every business requires profits to survive. However, the realization of these profits through misconduct shortens the life of the organization.
In the present business world, shareholders and governments have demonstrated more interest in both environmental and ethical issues. This has called for the need by business organizations to comply with acceptable standards and practices. The case of Enron is a great example of what happens to a business with no true culture of complying with business ethics. This paper shall present the case of Enron as a case study of business ethics; investigating how the various payers in the company demonstrated ethical misconduct. Business Ethics According to Wenzhong and Limin (2012), business ethics refers to professional ethics that are used to examine ethical problems that may arise within a business environment.
This implies that it is the application of standard moral behaviours in business situations. An increasing number of businessmen have realized that businesses cannot be purely profit-oriented and succeed in the present global market since customers are becoming more and more aware of ethics. On the other hand, many companies find themselves stuck in ethical dilemmas. Such situations include bribery as one of the most notorious ethical problems in the business world.
Other problems that have been reported to exist in the business behaviours include harassment, abusive behavior, conflicts of interest, accounting fraud, employee theft, and sale of defective products.
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