Think of Bagley's Decision Tree Model of Decision Making

question 41

Essay

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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Definitions:

Opposing Party

The other side in a legal dispute or litigation.

Work Product Doctrine

A legal principle that protects materials prepared in anticipation of litigation from being disclosed to the opposing party.

Case Preparation

The process of organizing facts, evidence, and legal arguments prior to presenting a case in court or to another decision-making body.

Trial

A formal examination of evidence before a judge, and possibly a jury, in order to decide guilt in a case of criminal or civil proceedings.