A bank notices aggressive sales practices leading to customer mis-selling. Instead of imposing penalties immediately, management redesigns default product options to favour safer financial products. This management action reflects which of the following approaches?

Arrange the following elements of a corporate code of ethics in the correct logical sequence: (i) Creating ethical guidelines (ii) Training employees on the code (iii) Defining core ethical values (iv) Monitoring and reviewing (v) Establishing communication channels

Given below are two statements, one labeled as Assertion (A) and the other as Reason (R): Assertion (A): Ethical business practices contribute to sustained long-term profitability. Reason (R): Ethical practices enhance corporate reputation, brand loyalty, and stakeholder trust. In light of the above statements, choose the correct answer: