In
this assignment, you will delve into the realm of business ethics by
examining two infamous cases: Enron and Theranos. Your task is to
prepare a 1500-word paper and a PowerPoint presentation that
critically analyzes the ethical issues involved in these cases. Your
analysis should include discussions on the ethical violations, the
consequences of unethical behavior, and lessons learned for business
ethics and corporate governance.
Paper and Presentation Requirements:
Introduction to Business Ethics: Define business ethics and its
importance in corporate decision-making. Discuss why unethical behavior
can be detrimental to both businesses and society.
Case Study: Enron Scandal
Provide a brief overview of Enron’s rise and fall.
Identify the key ethical violations committed by Enron executives.
Discuss the consequences of these violations on various
stakeholders, including employees, investors, and the wider business
community.
Analyze the role of corporate culture, leadership, and regulatory oversight in the Enron scandal.
Case Study: Theranos Scandal
Summarize the rise and downfall of Theranos.
Examine the ethical issues surrounding Theranos’s fraudulent claims about its blood-testing technology.
Evaluate the impact of Theranos’s actions on stakeholders, including patients, investors, and the healthcare industry.
Discuss the regulatory failures and governance lapses that allowed the Theranos scandal to occur.
Lessons Learned and Implications for Business Ethics
Compare and contrast the Enron and Theranos cases in terms of ethical violations, consequences, and regulatory responses.
Identify key lessons learned from these scandals for businesses, executives, regulators, and society at large.
Propose recommendations for improving corporate ethics and governance to prevent similar scandals in the future.
Conclusion: Summarize the main points of your analysis and reiterate the importance of ethical behavior in business.
All
written submissions should be written in APA style and formatted
accordingly. This includes correct formatting, citations, citations,
reference list
