Which term refers to a code of moral principles governing organizational behavior?

The term that refers to a code of moral principles governing organizational behavior is business ethics. Business ethics encompasses the values and standards that guide behavior in the world of business, affecting how organizations make decisions and conduct themselves with stakeholders, employees, customers, and the community. It addresses various issues, including honesty, integrity, fairness, and respect for others, ensuring that the behavior of an organization aligns with societal expectations and norms.

Business ethics is crucial for fostering a positive workplace environment and building trust with stakeholders. When organizations adopt strong ethical standards, they are more likely to succeed in the long term, as they cultivate loyalty and a strong reputation in their industry.

The other options represent related but distinct concepts. Corporate governance pertains to the systems and processes that direct and control a company, focusing on the strategies, structures, and operations of the organization rather than the ethical principles. Social responsibility refers to the obligation of organizations to act in the best interests of their stakeholders and society at large, which includes ethical considerations but is more about broader societal impacts. Organizational culture relates to the shared values, beliefs, and practices within an organization, influencing how employees behave and interact but not solely focused on ethical codes.