Part 1:Enron: The Smartest Guys in the Roomtells the inside story of the spectacular rise and fall of one of the most scandal-ridden corporations in American history.This film takes a look at the collapse of the once seventh-largest company in the United States based out of Houston, Texas, where executives misappropriated billions of dollars, leaving investors scrambling and ruining the life-savings of thousands of employees.

Please watch the free movieEnron: the Smartest Guys in the Room (1 hour, 45 minutes)and answer the following questions. https://watchdocumentaries.com/enron-the-smartest-guys-in-the-room/ (There is one brief nudity scene--Enron exec Lou Pi is in a topless bar.If you are uncomfortable with this, please skip this scene.)

**Note:You need to answer the questions with clear information from the movie.I have watched this movie many times and can tell if a student is using the answers from the internet verses watching the movie.A zero will be given if a student did not watch the movie.

1. Explain the concept and rationale behind mark to market accounting and it's significance to Enron.

2. Describe the Enron culture.

3. Who are Kenneth Lay, Jeffrey Skilling, Andy Fastow and Sherron Watkins?Describe each of their significance to Enron?

4.Section 2.1 from your book discusses Recognizing Unethical Business Activities.What specific activities did Enron exhibit from this list. Explain.

5.Based on your reading on Utilitarianism, do you think the Enron Executives demonstrated this way of thinking?Why or Why not...explain.

6. In the Stanley Milgram experiment, why were 50% of the suspects willing to shock to the death? Inwhat way does the Milgram's experiment help to explain the behavior of the Enron traders?