As a first step in creating a code of ethics, Intrepid Insurance Company should create an "ethical mission statement" that:

$($Search Chapter $11).$

a$.$ Is a simple one$-$sentence explanation.

b$.$ Is between one and two pages long.

c$.$ Lists topics covered by the code.

d$.$ Narrowly describes the organization's focus on ethics.

In developing a code of ethics for its organization, Stanley Insurance Company should follow a process that includes all the following steps, except:

$($Search Chapter $11).$

a$.$ Document all significant activities involved in creating the ethics policy.

b$.$ Introduce the ethics policy using senior management.

c$.$ Obtain legal approval of the ethics policy.

d$.$ Submit a draft to the state attorney general for regulatory approval