Many Current and Retired Enron Corp

question 64

Multiple Choice

Many current and retired Enron Corp.employees had their 401k retirement accounts wiped out when Enron collapsed because ___.

• A) they had to pay huge fines for obstruction of justice
• B) their 401k accounts were held outside the company
• C) their 401k accounts were not well diversified
• D) none of the above

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Definitions:

Cooperative

Involving mutual assistance in working toward a common goal, characterized by the willingness of individuals to work together.

Impression Management

The process by which individuals attempt to control the perceptions others have of them, often to align with their own desired image.

Systematic Attempt

A methodical and organized effort to achieve a specific goal or solve a problem.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.