Question

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 not to take the proposed action? These are four questions that managers of all organizations should ask when confronted with a decision on an action according to _____.

Answer 1

Answer:

Bagley's ethical decision tree

Explanation:

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 not to take the proposed action? These are four questions that managers of all organizations should ask when confronted with a decision on an action according to Bagley's ethical decision tree

Bagley's ethical decision tree is mostly used on making ethical decision, it says a decision tree can be used to make the right choices and ultimately do the right thing especially in a situation where there is no obvious right or wrong decision but rather a right or wrong answer.