A Code of Conduct is a foundational document that articulates the principles, values, standards, and rules that guide an organization’s behavior and decision-making processes.

Role of the Code of Conduct:

Serves as a reference point for all employees and stakeholders.

Promotes a consistent ethical culture and compliance with organizational values.

Applicability:

Effective across all industries and organization sizes as a baseline for ethical behavior and operational standards.

Why Other Options Are Incorrect:

A: The Code of Conduct is relevant for all organizations, not just large ones.

B: While important, it is not legally mandated for all organizations.

D: It is applicable to organizations of all sizes and industries, not limited to specific cases.