Enron Corporation filed for bankruptcy following a number of revelations about its accounting procedures.Enron used a complex structure of corporations and off-the-books debt to mask its true financial picture from the markets.When asked about the propriety of Enron's reporting methods,many analysts have responded,"They simply did what most corporations do." Their comments:

Question

Quizplus · Accepted Answer

The comments reflect rationalization, which is a defense mechanism where individuals or groups justify their actions by making excuses or providing acceptable reasons for their behavior. The analysts are essentially dismissing Enron's unethical behavior by saying that it is common in the corporate world.

Enron Corporation Filed for Bankruptcy Following a Number of Revelations