Question

a statement of a companys pledge to certain ethical practices is known as _______.

a. legal compliance
b. a mission statement
c. a code of ethics
d. a vision statement
e. a social audit

Explanation:

• Option A: Legal compliance refers to following laws, not a pledge of ethical practices.
• Option B: A mission statement outlines a company's purpose and goals, not specifically ethical practices.
• Option C: A code of ethics is a statement that defines a company's commitment to ethical behavior and practices.
• Option D: A vision statement describes the company's desired future state, not ethical pledges.
• Option E: A social audit assesses a company's social performance, not a pledge of ethics.

Answer:

C. a code of ethics