Petra,who is the CEO of a shoe retailer,needs to make a tough decision on whether to close 3 of the 200 stores that are unprofitable.Closing the stores will mean laying off 45 employees right before the holiday season.Leaving the communities also means that local people will have no place to purchase reasonably priced shoes and sneakers.Use the decision tree to recommend what Petra should do.Be sure to consider each of the steps.
A decision tree is a graph of decisions and their possible consequences,and is used to help with ethical decision making.Petra will ask several questions: 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?
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