True or False

1. Since the code of ethics cannot capture every possible example, each department of an organization should apply the code to examples that arise in its area.

2. True ethical policies are proactive, and occur when a company develops a clear sense of what it stands for as an ethical organization.

3. It is important to establish an extensive training program to support the published code of ethics of a company.

4. Typical markets represent federal, state, and local officials who simplify and reduce rules and regulations, thus discouraging firms from hiring more people and paying more taxes.

5. Supporting the code of ethics with extensive training for every member of the organization is the first stage in making ethical behavior sustainable for an organization.