ACCA Strategic Business Leader (SBL) Practice Exam

What aspect does Tucker's model NOT include when assessing decision-making?

1. Profitability of the decision

2. Environmental soundness of the decision

3. Stakeholder satisfaction with the decision

4. Fairness of the decision

The correct answer is: Stakeholder satisfaction with the decision

Tucker's model for assessing decision-making is primarily focused on the profitability of decisions, their environmental implications, and the fairness of outcomes. The inclusion of these elements underscores a comprehensive approach, ensuring that decisions align with both organizational goals and ethical considerations. In this context, stakeholder satisfaction is not explicitly addressed as a distinct category within Tucker’s framework. While stakeholder perspectives may influence considerations of fairness and other factors, Tucker's model does not specifically evaluate decisions based on the satisfaction or dissatisfaction of stakeholders. This distinguishes it from approaches that prioritize stakeholder engagement and input in decision-making processes. Understanding the balance between profitability, environmental concern, and fairness helps in identifying the core intentions behind Tucker's theoretical model, and highlights the absence of direct stakeholder satisfaction as a explicit criterion. Therefore, identifying stakeholder satisfaction as the missing element accurately reflects the specific parameters outlined in Tucker's framework.