When confronted with a decision on an action, managers should utilize ________, which includes these four questions: "Is the proposed action legal? If yes, does the proposed action maximize shareholder value? If yes, is the proposed action ethical? If no, would it be ethical to take the proposed action?"
A) Maslow's hierarchy of needs
B) the stakeholder's value statement
C) Frank Gilbreth's code of ethical conduct
D) Bagley's ethical decision tree
E) the Sarbanes-Oxley Act of 2002

Question

Quizplus · Accepted Answer

Bagley's ethical decision tree provides a structured approach for managers to evaluate ethical dilemmas by considering the legality, shareholder value, and ethics of the proposed action. Additionally, if the proposed action is not ethical, the decision tree prompts managers to consider whether there is an ethical way to proceed. This approach ensures that managers consider multiple factors and potential consequences before making a decision.

When Confronted with a Decision on an Action, Managers Should