Once a Manager Recognizes the Ethical Dimensions Involved in a Dilemma

question 52

Multiple Choice

Once a manager recognizes the ethical dimensions involved in a dilemma or decision,his/her next step in establishing a workable ethical framework to guide him/her would be to:

• A)identify key stakeholders and assess how the decision will affect them.
• B)generate alternative choices.
• C)distinguish between ethical and unethical responses to the situation.
• D)determine who is most responsible for making and implementing the decision.

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Definitions:

Fiscal Policy

Government strategies to influence economic conditions through spending and taxation decisions to manage economic growth, inflation, and unemployment.

Anticipated Policy

A governmental or organizational policy that is expected to be implemented in the future, often already influencing current behaviors and decisions.

Price Level

A measure of the average prices of goods and services in the economy at a given time.

Output

The total amount of goods and services produced by an economy, a sector, or a company over a specific period of time.