***Generally entrepreneurs do come across such problems when its a merger or acquisitions ...MR. Ebbers faced the same situation...still this fraud and UN-ethical way is not the solution but an invitation to more problems... Measures like proper planning about the future work after acquisitions, how you will manage different departments of diff companies, study of the nature of work of company to be acquired and rational thinking before choosing company to be acquired should be done... to increase the profits, Ebbers made a totally wrong decision!!
Definately if no. of huge companies merge together then problems will occur to balance all the net income in accounting system. Any business have only one moto to increase profits but in ethical way , I think purpose is right but the process was wrong which way Mr. Bernie Ebbers choosed and fraud is always wrong whether profitable or non-profitable.
hi friends , this is a common fraud done by many of the entrepreneurs when they find thEIr business flaterng down .. according to me , Mr. Bernie Ebbers chosd d wrng path to get rid of it ..he could involve more of people frm othr departments nd the tasks could b done in a proper way .. this fraud was nt the way out..
Hi,
ReplyDeleteNice case study...
***Generally entrepreneurs do come across such problems when its a merger or acquisitions ...MR. Ebbers faced the same situation...still this fraud and UN-ethical way is not the solution but an invitation to more problems... Measures like proper planning about the future work after acquisitions, how you will manage different departments of diff companies, study of the nature of work of company to be acquired and rational thinking before choosing company to be acquired should be done... to increase the profits, Ebbers made a totally wrong decision!!
Regards,
Saksham
''either find a way or make one''
Hi friends,
ReplyDeleteGood case study...!
Definately if no. of huge companies merge together then problems will occur to balance all the net income in accounting system. Any business have only one moto to increase profits but in ethical way , I think purpose is right but the process was wrong which way Mr. Bernie Ebbers choosed and fraud is always wrong whether profitable or non-profitable.
regards
Pooja Pallavi
This comment has been removed by the author.
ReplyDeletehi friends ,
ReplyDeletethis is a common fraud done by many of the entrepreneurs when they find thEIr business flaterng down .. according to me , Mr. Bernie Ebbers chosd d wrng path to get rid of it ..he could involve more of people frm othr departments nd the tasks could b done in a proper way .. this fraud was nt the way out..
regards,
MANVI KHANNA