Bloomberg Business sums up the failure of Enron to
A)September 11,2001.
B)flawed organizational design.
C)too much debt.
D)risky projects in India and the oil price hikes.

Question

Quizplus · Accepted Answer

Bloomberg Business cites Enron's flawed organizational design as the reason for its failure. Specifically, they highlight the company's emphasis on short-term gains and its lack of transparency, which ultimately led to fraudulent accounting practices and deception of investors. While factors such as too much debt and risky projects may have also contributed to Enron's downfall, Bloomberg Business points to the company's flawed organizational structure as the primary cause.

Bloomberg Business Sums Up the Failure of Enron to