Asked by Laken Guzic on Jun 10, 2024
Verified
Which of the following statements accurately describe the benefits associated with strong core values?
A) Strong core values give character to an organization.
B) Strong core values back up the mission statement.
C) Strong core values help guide members' behaviour in meaningful and consistent ways.
D) a and b
E) a, b, and c
Core Values
Fundamental beliefs or guiding principles that dictate behavior and can help people understand the difference between right and wrong.
Mission Statement
A formal summary of the aims and values of a company, organization, or individual, guiding its decisions and strategies.
Organizational Character
The unique set of values, traditions, and behaviors that define an organization's culture and identity.
- Acknowledge the pivotal significance of organizational culture and core principles in the context of strategic management.
Verified Answer
Learning Objectives
- Acknowledge the pivotal significance of organizational culture and core principles in the context of strategic management.
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