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

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