Patty,the CEO of an oil drilling company,and her top management team recently discovered that their facilities are damaging an Asian beach and the local wildlife.They understand that they need to decide if temporarily closing or not closing the facility is unethical.They then consider the four questions: Is not temporarily closing the facility legal? If yes,does this proposed action maximize shareholder value? If yes,is not temporarily closing the facility ethical? If no,would it be ethical not to take the proposed action? These are suggested questions according to _____.

Question

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According to Bagley's ethical decision tree,when confronted with any proposed action for which a decision is required,a manager should ask the following questions: (1)Is the proposed action legal? (2)If yes,does the proposed action maximize shareholder value? (3)If yes,is the proposed action ethical? (4)If no,would it be ethical not to take the proposed action? (See Figure 7.4. )

Patty,the CEO of an Oil Drilling Company,and Her Top Management