The Basic Ethical Principle Violated by Andy Fastow in His

question 8

Multiple Choice

The basic ethical principle violated by Andy Fastow in his role as Enron's CFO and involvement with SPEs was:

• A) He lied to top management about what he was doing for the SPEs
• B) He failed to exercise due care in setting up SPEs
• C) He had a conflict of interests in his dual roles
• D) All of these

Comprehend the role of personality in shaping reactions to environmental stimuli.

Analyze processes of social comparison and decision making in social settings.

Understand the significance of prosocial behavior in personal and social well-being.

Explore the impact of group identity on individual's self-perception and benefits.

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Definitions:

Interviewer

A person who asks questions, often for job selection purposes or in research contexts.

Applicant

An individual who expresses formal interest in an open position or opportunity within an organization.

Pygmalion Effect

The phenomenon whereby higher expectations lead to an increase in performance; a form of self-fulfilling prophecy in the context of personal or organizational development.

Expectations

Beliefs or anticipations about the way things will or should be, often shaping behavior and perceptions.