Federal Government Funding Enron Exploring Challenges

Government should have supported Enron, a large energy corporation, because the company advocated strict global regulations and followed the environmental principle of energy distribution (Carney, 2006). In addition, Enron have significant influence on the government in Washington, which is the second reason why the government should have supported this company. In particular, by providing financial support, the authorities could have taken greater control of bureaucracy and bribes.Advertising We will write a custom case study sample on Federal Government Funding Enron: Exploring Challenges specifically for you for only $16.05 $11/page Learn More At the same time, excess support of such large company as Enron could have hampered significantly the development of smaller businesses. In this respect, funding of Enron would have led to a shifted balance of small and big businesses. Another reason to withdraw funds allocation among big businesses lies in a po ssibility to support environmental and ecological reform because Enron would have had a direct impact on the polluted environment. Influence of Enron on Political Environment Enron actively engaged political leaders into their business activities to monitor the economic situation in the country (Milbank Kessler, 2002). In particular, close relationships political leaders – Bush and Lindsey – and Enron company can be considered the brightest example of the company’s political influence on the government. The case presented above discourages authorities to support big companies because they can also have a negative influence on a democratic system in the United States. Specifically, having influential people to support corporate activities provides a seed of misunderstanding between the US people and the government since the former strongly believes in transparency and equality in making political decisions. However, in case political power had supported big comp any’s initiate to advance economy, such as the example of supporting the Kyoto protocol for climate change, Enron would have had a good impact on the US development. Analysis of a Free Enterprise System The benefit of a free enterprise business lies in providing private owners with freedom of choices (Meyer, 1997). Free corporate systems and business groups often pursue their own interest rather than focus on global development. Therefore, they can significantly hamper the global integration of company into the globalization process. Shifts in production process and business management can lead to decreased control of the government of the trade market and, therefore, an enterprise system develops apart from the overall economic context in the United States. Moreover, it can significantly change the course of orientation and create an independent system of production.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first p aper with 15% OFF Learn More Highlighting the Benefits and Difficulties in Establishing Kimpton Hotels’ EarthCare Program Kimptom Hotels’ Network received a number of economic benefits while implementing EarthCare Program. In particular, it succeeded in selling organic products and furnishing their hotel rooms with environmentally free items. Second, it has gained recognition on a global level and satisfied global requirements. Third, the company developed environmental partnerships with other related companies and programs. With regard to the above-presented case, the introduction of a global corporate citizenship provides an overview of new roles that free enterprise systems can perform at the international level. Therefore, encouraging global corporate citizenship development is appropriate because it contributes to enhancing ethical responsibilities and adhering to quality standards of production and service delivery. It also provides a solid platform for sustaining societal morale, ethics, and values by advancing such fields as political philosophy, international relations, and management studies (Anderson, 2010). Finally, it enables the companies to share experience with each other for creating of an advanced global community. References Anderson, R. (2010). Global Corporate Citizenship – A Trend to Watch. The Conglomerate. Web. Carney, T. P. (2006). Big Business and Big Government. Web. Meyer, M. (1997). Understanding Cooperatives: The American System of Business. Cooperative Information Report, 45(1), 1-4. Web. Milbank, D., Kessler, G. (2002). Enron’s Influence Reached Deep into Administration. The Washington Post. Web.Advertising We will write a custom case study sample on Federal Government Funding Enron: Exploring Challenges specifically for you for only $16.05 $11/page Learn More This case study on Federal Government Funding Enron: Exploring Challenges was written and submitted by user Walker Jones to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.