A formal statement of an organisation's values regarding the role of ethics,which prescribes the required responses to foreseeable events is called a:
A) mission statement
B) vision statement
C) press statement
D) code of ethics
E) moral organisational stance.

Question

Quizplus · Accepted Answer

A code of ethics is a formal statement that outlines an organization's values and principles regarding ethical behavior. It provides guidance and prescribes the required responses in situations where ethical decisions need to be made. Mission and vision statements outline an organization's overall goals and aspirations, while a press statement is a message issued to the media regarding a particular topic or event. Moral organizational stance refers to an organization's overall ethical position or philosophy.

A Formal Statement of an Organisation's Values Regarding the Role