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Which of the following best describes the difference between principle and policy - based statements in an organization s code of ethics? Principle - based
Which of the following best describes the difference between principle and policybased statements in an organizations code of ethics?
Principlebased statements are designed to affect corporate culture, whereas policybased statements generally outline the procedures to be used in specific ethical situations.
Principlebased statements consider the impact of all decisions on society, whereas policybased statements indicate what is good or bad in individual conduct and decision making.
Principlebased statements outline moral principles and values that govern the behavior of a person, whereas policybased statements outline moral principles and values that govern an organization.
Principlebased statements consider an organizations social performance, whereas policybased statements consider its environmental and financial performance.
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