ETHICS CASE Questionable Values Produce Resignation at Goldman Sachs Allegations of serious impropriety and perhaps illegality surrounding Goldman Sachs’s contribution to the 2008 financial crisis have been well publicized. Allegations….
Which of the following best describes the decision-making problem that this executive is exhibiting?
During a meeting, senior executives of a consumer products company were addressing the problem of being late in detecting several consumer trends, such as the trend toward using see-through plastics in kitchenware. While trying to determine the source of this problem, one executive said: “The main problem here is that we need to find a better industrial design firm to design our products.” Which of the following best describes the decision-making problem that this executive is exhibiting? Multiple Choice
O The executives shifting away from the problem by blaming it on external factors.
O The executive is lacking creativity and rationality to solve the problem
O The executive is defining the problem in terms of a solution
O The executive is engaging in escalation of commitment