The 2001 Collapse of Enron Resulted in the Loss of Jobs

question 12

Multiple Choice

The 2001 collapse of Enron resulted in the loss of jobs for over 20,000 employees.Arthur Anderson was also impacted by the Enron collapse and 30,000 employees lost their jobs.Why was Arthur Anderson so adversely affected by Enron's collapse?

• A) Enron was a major client and Arthur Anderson could not survive the business downturn from the bankruptcy.
• B) The firm was an accomplice in the accounting scandal at Enron.
• C) Arthur Anderson was the target of a hostile takeover directly after Enron's collapse.
• D) The accounting firm decided to get out of the entire energy sector as a result of the collapse of Enron.

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Definitions:

Positive Reinforcer

A stimulus which, when presented after a behavior, increases the probability of that behavior being repeated.

Laughing

The action of making spontaneous sounds and movements of the face and body that are the instinctive expressions of lively amusement and sometimes also of contempt or derision.

Cussing

The act of using swear words or profanity in speech or writing, often used to express strong emotions or for emphasis.

Shaping

A method in behaviorism used to train or teach new behaviors by successively rewarding closer approximations to the desired behavior.