Think of Bagley's decision tree model of decision making.Discuss the steps in the decision tree.Is use of this model beneficial for people as well as organizations? How? Describe a specific situation that you experienced in which this model would be helpful.
Harvard Business School Professor Constance Bagley suggests that a decision tree can help managers make more ethical decisions.A decision tree is a graphical representation of the process underlying decisions,and it shows the consequences of making various choices.Follow Bagley's decision tree,by asking 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?
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