Which of the Following Statements Is Not True? A

question 7

Short Answer

Which of the following statements is not true? a. Quantifying longer-term implications of short-term actions is relatively simple.
B) It is important to consider longer-term implications of short term decisions because of potential tradeoffs between short-term and long-term interests.
C) Many managers follow a "peel the onion" approach to assessing decision effects, first by estimating the short-term effects, and then expanding the range of considered factors.
D) For longer-term actions, in many cases, qualitative assessments are the only ones possible, and large estimations errors accompany such assessments.
E) All of the above statements are true.

---

Definitions:

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles.

Corporate Culture

The collective values, beliefs, and behaviors that shape an organization’s environment and influence how its employees interact.

Moral Philosophy

The branch of philosophy that concerns itself with questions about what is morally right or wrong, good or bad, fair or unfair.

Cognitive Moral Development

The process by which individuals evolve in their understanding and application of ethical principles as they grow and gain experience.