For guidance on how to handle a specific ethical situation, such as conflicts of interest or political gifts, a manager should refer to its company's:
A) corporate credo.
B) principle-based statement.
C) mission.
D) value-based statement.
E) policy-based statement.

Question

Quizplus · Accepted Answer

A policy-based statement would provide specific guidance on how to handle ethical situations, including conflicts of interest and political gifts. While a corporate credo, mission, principle-based statement, and value-based statement may provide general guidance on ethical behavior, they may not be as specific in addressing ethical dilemmas that may arise in the workplace.

For Guidance on How to Handle a Specific Ethical Situation