Daniel has altered figures on his firm's financial statements to make revenues for the quarter look higher.He thinks that doing this will cause an increase in his firm's stock price, which will make stockholders happy.He has fallen into the ends-justify-the-means ethical trap.

Question

Quizplus · Accepted Answer

The ends-justify-the-means ethical trap is when an individual believes that their actions are justified as long as they achieve the desired outcome, regardless of whether the means used to achieve it are ethical or not. In this scenario, Daniel has altered figures on the financial statements in order to increase the stock price, which is not ethical behavior. He believes that the end result of higher stock prices will make stockholders happy, but this does not justify his unethical actions.

Daniel Has Altered Figures on His Firm's Financial Statements to Make