For this assignment view the video, ENRON: The Smartest Guys in the Room, [1 hr. & 50 min]. Write a critique of the film in 4-5 page double-spaced paper. Answer each of the following questions in your essay. The written assessment of Enron is due according to Syllabus. Submit a paper copy in class and also post it on BB website SafeAssign.
- Describe the dominant culture of ENRON and the subculture of Enron’s trading group.
- Do you believe that Enron’ failure is a result of the behavior of “a few bad men”, or a demonstration of the “dark shadow of the American dream”? Explain.
- What did Skilling say is the only thing that motivates people? Do you agree or disagree?
- Describe the PRC (performance review committee). Why was it referred to as “rank and yank”? What was its effect? What is your opinion of the ethics of the practice?
- Describe Enron’s initiative on broadband technology.
- What was Arthur Andersen’s conflict of interest in regards to Enron? What could have been done to prevent this conflict of interest?
- How did Skilling treat Fortune author Bethany McLean when she started asking questions about Enron’s financials? Do you think this was a tactic, and if so, what did he hope to achieve by it?
- What are three important “takeaway” messages you learned from this documentary?
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