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.To help them make their decision,they consider the following 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 to take the proposed action?" Patty and her top managers are using ____ to help them make their decision.

Question

Quizplus · Accepted Answer

Patty and her top management team are using Bagley's ethical decision tree to make their decision. This model provides a structured approach to evaluating ethical dilemmas by considering legal, economic, and ethical implications of proposed actions. The four questions they consider align with the components of Bagley's decision tree. The other options, Maslow's hierarchy of needs, stakeholder's value statement, Frank Gilbreth's code of ethical conduct, and the Sarbanes-Oxley Act of 2002, do not provide a framework for analyzing ethical dilemmas in the same way as Bagley's ethical decision tree.

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