BU231 Lecture Notes - Lecture 3: Enron Scandal, Ginger Beer, Torte
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Difficulties faces by both employees and employers in avoiding unethical behaviour. Abu dhabi prison: o(cid:374)e da(cid:455) (cid:455)ou see so(cid:373)ethi(cid:374)g (cid:271)ad (cid:271)ut the (cid:374)e(cid:454)t da(cid:455) it"s so(cid:373)ethi(cid:374)g (cid:449)orse (cid:373)aki(cid:374)g (cid:449)hat (cid:455)ou sa(cid:449) before seem less significant. If you put a frog in boiling water he will jump out but if you put him in cold water and make small increases in the water temperature they will stay and eventually boil to death. Faking small numbers over time happen to big (cid:374)u(cid:373)(cid:271)ers a(cid:374)d it"s a slippery slope. David brooks said human minds are overconfidence machines. E(cid:448)er(cid:455)o(cid:374)e thi(cid:374)ks the(cid:455)"re a (cid:271)etter dri(cid:448)er tha(cid:374) e(cid:448)er(cid:455)o(cid:374)e else. Minds underplay any role that luck has anything to do with the outcome. Execs are more likely to get themselves into predicaments where it seems like fraud is the only way to meet their goals. People believe they are more ethical than their competition and even coworkers.
