Which statement describes an ethical dilemma facing modern managers?

Multiple Choice

Nearly three$-$fourths of Americans say executives' pay packages are excessive.

Ethics are shaped by a company's work environment as well as by laws and personal virtue.

Union membership continues to fall across the country.

Congress passed the Sarbanes$-$Oxley $($SOX$)$ Act in $2002$ to improve and maintain investor confidence.

Compliance$-$based ethics programs are designed by corporate counsel to prevent, detect, and punish legal violations.