Asked by Jaden Buchanan on Sep 28, 2024
Verified
A firm's core purpose statement is typically directed at ________,while a firm's core values are typically directed at ________.
A) all stakeholders; internal stakeholders
B) internal stakeholders; all stakeholders
C) external stakeholders; all stakeholders
D) internal stakeholders; external stakeholders
Core Purpose
The fundamental reason a company exists beyond just making a profit, often reflecting its values and long-term goals.
Core Values
Fundamental beliefs or principles that guide an organization's actions and decisions, shaping its culture and identity.
Internal Stakeholders
Individuals within an organization, such as employees, managers, and shareholders, who are affected by its activities and decisions.
- Determine and discern the central aim, core morals, and prospective goals of a business entity.
- Describe the importance of communicating a firm's ideology to internal and external stakeholders.
Verified Answer
Learning Objectives
- Determine and discern the central aim, core morals, and prospective goals of a business entity.
- Describe the importance of communicating a firm's ideology to internal and external stakeholders.
Related questions
The ________ of Nike Is To Experience the Emotion of ...
To Have Any Book Ever Printed,in Any Language,all Available in ...
Respect,simplicity,and Togetherness Are Examples of IKEA's ________ ...
The Core Purpose of a Firm Should Relate to Short-Term ...
Which of These Is a Characteristic Giving the Organization Focus ...