It has now been one year into your team's audit into AMC's unethical actions. Your team is convinced that the CEO and other top-level executives and engineers knew the repercussions of their decisions and failed to act. The NHTSA has determined that 124 deaths have been linked to AMC's faulty ignition switch and are now launching a full investigation.

Your team must now provide American Motor Corporation's board of directors recommendations on their next steps. Which of the following would you recommend?

• Your team recommends that American Motor Corporation takes full responsibility for the deaths of the 124 victims. The board of directors should terminate the current CEO as well as any other top-level executives who had responsibility in this matter. In addition, the board should hire a chief ethics officer who will oversee all aspects of the company's ethical and legal compliance. Finally, AMC should write a new code of ethics which addresses the company's new ethical standards as well as whistle-blowing procedures.
• Your team recommends that American Motor Corporation fully comply with NHTSA's investigation. AMC should hire a chief ethics officer who will be responsible for creating a new code of ethics, however AMC should not make any changes to the code of ethics during the NHTSA investigation.