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Basic Question 1 of 2

Due to its competence and strategies, Enron was often named the "most innovative" in America. When hints of the Enron scandal first began to appear in the press, Enron employees expressed surprise and indignation that anyone would question the ethicality of many of the firm's actions. Any outsider who questioned Enron's tactics or numbers was told that they "just didn't get it." This is an example of ______.

A. the overconfidence bias
B. large financial rewards
C. loyalty to colleagues

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

identify challenges to ethical behavior

CFA® 2025 Level I Curriculum, Volume 6, Module 1.