Questions: The conviction of CEO Jeffrey Skilling for fraud, conspiracy, and insider trading addressed: a. Ethical failings at the individual level b. Ethical failings at the industry level c. Ethical failings at the organizational level d. Ethical failings at the societal level Which of the following topics helps explain the organizational factors behind the Enron scandal? a. Corporate culture

The conviction of CEO Jeffrey Skilling for fraud, conspiracy, and insider trading addressed:
a. Ethical failings at the individual level
b. Ethical failings at the industry level
c. Ethical failings at the organizational level
d. Ethical failings at the societal level

Which of the following topics helps explain the organizational factors behind the Enron scandal?
a. Corporate culture
Transcript text: The conviction of CEO Jeffrey Skilling for fraud, conspiracy, and insider trading addressed: a. Ethical failings at the individual level b. Ethical failings at the industry level c. Ethical failings at the organizational level d. Ethical failings at the societal level Which of the following topics helps explain the organizational factors behind the Enron scandal? a. Corporate culture
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Solution

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Answer

The answer is c. Ethical failings at the organizational level

Explanation
Option a: Ethical failings at the individual level

While Jeffrey Skilling's actions certainly reflect ethical failings at the individual level, the question specifically asks about the conviction addressing broader issues. Individual failings are part of the problem but not the entire scope.

Option b: Ethical failings at the industry level

The Enron scandal did highlight issues within the energy trading industry, but the conviction of Jeffrey Skilling was more directly related to the practices within Enron itself rather than the entire industry.

Option c: Ethical failings at the organizational level

The conviction of Jeffrey Skilling for fraud, conspiracy, and insider trading primarily addressed the ethical failings at the organizational level. Enron's corporate culture, lack of transparency, and unethical business practices were central to the scandal. The organizational environment allowed and even encouraged such behavior, making this the most accurate answer.

Option d: Ethical failings at the societal level

While the Enron scandal did have societal implications, the conviction of Jeffrey Skilling was more focused on the specific organizational failings within Enron rather than broader societal issues.

Answer

The answer is a. Corporate culture

Explanation

Corporate culture is a significant factor in understanding the organizational issues behind the Enron scandal. Enron's corporate culture was characterized by aggressive risk-taking, a focus on short-term profits, and a lack of ethical oversight. This environment fostered unethical behavior and ultimately led to the company's downfall.

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