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Is the Proposed Action Legal? If Yes,does the Proposed Action

Question 65

Multiple Choice

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? These are four questions that managers of all organizations should ask when confronted with a decision on an action according to _____.


A) Maslow's hierarchy of needs
B) the stakeholder's value statement
C) Frank Gilbreth's code of ethical conduct
D) Bagley's ethical decision tree
E) the Sarbanes-Oxley Act of 2002

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