Tavern Inc. is a personal investment firm contemplating the introduction of a whistleblower's policy. It conducts a board meeting to thoroughly analyze the consequences of this action. During this meeting, Michelle, one of the members of the board, argues strongly against this decision. According to her, the fall of Enron in 2001, which resulted in thousands of employees losing their jobs and retirement pensions and investors losing millions of dollars, can be attributed to whistle-blowers like Sherron Watkins. Michelle believes that whistle-blowing was the primary cause for Enron's bankruptcy. Which of the following is a strong rebuttal to Michelle's argument?
A) Investors and employees alike are responsible for their own actions; they should be very careful when choosing firms to invest or work in.
B) Whistle-blowers like Sherron Watkins have a very strong moral character which is uncommon in the population.
C) Enron was committing a crime which would have gradually surfaced, causing more losses than those that occurred due to Sherron Watkins' whistle-blowing act.
D) Regulatory agencies and governmental institutions should be held responsible for Enron's bankruptcy after Sherron Watkins' whistle-blowing act.
E) It was whistle-blowing that brought companies like Enron, Worldcom, and Tyco to its knees.
Correct Answer:
Verified
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