Which Term Is Used by Benoit to Describe a Company

question 59

Multiple Choice

Which term is used by Benoit to describe a company that admits guilt and apologizes for a problem?

• A)compensation
• B)mortification
• C)differentiation
• D)minimization

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Definitions:

Ethical Lapses

Failures to act in an ethical manner, often resulting in behavior that is morally or professionally wrong.

Criminal Prosecution

The legal process in which an individual is charged with a crime by the government and faces trial and judgment.

Civil Prosecution

A legal process initiated by a private individual or entity, rather than by the state, to seek remedy or damages for a breach of civil law.

Enron

Enron was a U.S.-based energy company that became infamous for its financial scandal in 2001, involving massive accounting fraud that led to the company’s bankruptcy and the dissolution of Arthur Andersen, one of the five largest audit and accountancy partnerships in the world.