A _____ is a formal statement of an organization's values and ethical principles that set expectations for behavior.
A) code of ethics
B) mission statement
C) code of conduct
D) legal code
E) value statement

Question

Quizplus · Accepted Answer

A code of ethics is a formal statement that outlines an organization's values and ethical principles. It establishes expectations for behavior and provides guidance and direction for employees when making decisions. Mission statements and value statements may touch on ethical principles, but they do not provide the same level of detail and specificity as a code of ethics. A code of conduct and legal code may also address behavior and expectations, but they focus more on compliance with laws and regulations than on ethical principles.

A _____ Is a Formal Statement of an Organization's Values