Final answer:
Ethical decision-making should consider both objective standards and subjective impacts on stakeholders.
Step-by-step explanation:
The statement that making ethical decisions is most often best done by analyzing objective standards instead of subjective impacts on stakeholders is false.
While objective standards such as profit or the number of people fired can be taken into consideration, ethical decision-making should also consider the subjective impacts on stakeholders.
An ethical decision requires considering the consequences and impacts on all stakeholders involved, not just relying on objective standards.