Question

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

Answer 1

The conviction of CEO Jeffrey Skilling for fraud, conspiracy, and insider trading addressed ethical failings at the individual level.

b) Option is correct

What is Ethical failings at the individual level?

Although ethics may initially seem to be a personal problem, it is actually a process that involves everyone. You can feel a lot of pressure to act unethically from coworkers, superiors, or any other aspect of the workplace culture. People may hate these requirements and try to dodge the issues.

Ethical principles are generally institutionalized into laws and regulations when there is widespread agreement about a violation, such as laws. These laws, along with occasionally unwritten societal conventions and beliefs, influence the local context in which people operate and do business. Values and opinions are influenced by a person's family, neighborhood, friends, local and global culture, society, religion, or other types of communities.

Learn more about Ethics and business ethics here:

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