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:

Current Level

Current level often refers to the present state or condition of a measurable variable, such as production, staffing, or inventory levels.

Financing Activities

Transactions and events where cash is raised or paid back to finance the company's operations, including issuing debt and equity or repaying loans.

Issuing Debt

Issuing debt refers to the process by which a corporation or government raises funds by selling bonds, notes, or other debt instruments to investors.

Repaying

The process of paying back money previously borrowed from a lender.