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I just need the summary of 1 page with proper references.

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I just need the summary of 1 page with proper references.
Answered Same Day Sep 20, 2021

Solution

Sumit answered on Sep 21 2021
152 Votes
Enron was founded in the year 1985 as a natural gas pipeline company. In a short span of 15 years the company became a leader in energy trading and international energy-asset construction. The company was valued more than $60 Billion Dollars. The Trading model of the company was based on entering highly inefficient markets. In each market that the company entered, it would invest heavily so that it could guarantee delivery to the customers and also provide contractual a
angements to the customers so that the company can manage its risks. The first market that the company entered after the natural gas pipeline was the generation, transmission and distribution of electricity. In January 2000, the company entered the
oadband services through the formation of Enron Broadband Services (EBS). Enron also invested and entered many International Business as well. The first one that was entered by the...
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