The Reputed Mastermind of the Enron Business Model Was

question 50

Multiple Choice

The reputed mastermind of the Enron business model was:

• A) Kenneth Lay, founder and Chief Executive Officer.
• B) Jeffrey Skilling, Chief Operating Officer.
• C) Andrew Fastow, Chief Financial Officer.
• D) Rick Clausey, Chief Accounting Officer

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Definitions:

Halo Error

A cognitive bias in performance evaluations where one positive quality of an individual disproportionately influences the overall perception of their performance.

360 Degree Assessment

A performance appraisal method that involves feedback from all directions, including self-evaluation, peers, subordinates, and supervisors.

Performance Appraisal

The process of evaluating an employee's performance at work, typically to guide decisions on promotions, pay raises, and training needs.

Behaviorally Anchored Rating Scale

A method for evaluating employee performance based on specific behavioral examples that represent different levels of achievement.