Asked by Erika Frederick on May 23, 2024
Verified
Value-based management refers to managers who actively help develop, communicate, and enact shared values within an organization.
Value-based Management
A management approach that ensures corporations are managed in a way that maximizes shareholder value.
- Understand the principles and benefits of value-based management.
Verified Answer
JP
Jashan PreetMay 30, 2024
Final Answer :
True
Explanation :
Value-based management involves promoting and integrating shared values throughout an organization's culture and operations, which requires active participation from managers.
Learning Objectives
- Understand the principles and benefits of value-based management.