_____ are formalized sets of guidelines, which deal with the standards of conduct and morals in a particular society, developed by some companies for use at all levels of an organization.

Question

Quizplus · Accepted Answer

Ethical codes are formalized guidelines that set the standards of conduct and moral values for a particular organization. These codes provide a framework for decision-making for all levels of an organization, from top management to individual employees. Ethical codes help ensure that companies operate in an ethical and socially responsible manner. Articles of association define the rules and regulations that govern the internal management of a company. Mission statements outline an organization's purpose and goals, while value statements describe the principles and beliefs that guide an organization's actions.

_____ Are Formalized Sets of Guidelines, Which Deal with the Standards