Ethical leaders must be proactive and cannot just wait for problems to arrive. Arrange the following in order of how an ethical leader can handle ethical issues. Proactively uncover ethical risk areas that 3 could lead to misconduct Recognize the firm's ethical risk areas 1 Respond to the discovery of an ethical 4 dilemma through communication both internal and externally Develop policies and procedures for detecting and avoiding misconduct 2 Rebuild reputation 5