The local community is a definitional stakeholder.

1. True
2. False

Ethical leaders are capable of attaining organizational objectives without concern as to the 'goodness' of the end or of the means.

1. True
2. False

Which of the following is true of the stakeholder approach?

It seeks to give less profit to shareholders.

It means all stakeholders must be treated equally.

It means that managers must address every stakeholder concern.

None of the above is true.

According to the theory of principalism, moral questions are not that complex and there are easy solutions available for them.

1. True
2. False

Communication breakdowns happen when corporate culture prevents people from talking openly about ethical issues.

1. True
2. False