When the Enron Corporation went bankrupt in 2001, this collapse was the largest corporate failure in history and the name has since become synonymous with corporate fraud. Enron's board of directors failed to monitor, question, or analyze the company's management and business practices, and billions of dollars' worth of unscrupulous activities were conducted to make Enron look more financially stable than it was. Though the board had access to evidence that something was wrong with Enron's business practices, a culture had developed in which conformity was encouraged and diverse views not acceptable. In other words, Enron fell prey to
A) social facilitation.
B) group polarization.
C) social loafing.
D) groupthink.
E) the fundamental attribution error.
Correct Answer:
Verified
Q557: Imagine you meet a friend of a
Q558: Results from the Roland Irwin and Alan
Q559: Studies showing that children who watch more
Q560: Tamara is anxious when she arrives for
Q561: What behaviour would involve increasing an already
Q563: You see a movie and think it's
Q564: You always considered yourself to be someone
Q565: According to social exchange theory, which of
Q566: A good way to help yourself quit
Q567: Members of some hate groups cover their
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents