Which two statements apply to the use of a value- based approach in a company?
A) It touches almost all aspects of organisational life.
B) It only relates to the setting of strategic objectives.
C) It must be adopted throughout the organisation.
D) It is a technique employed by a few financial experts in the company.

Question

Quizplus · Accepted Answer

A value-based approach is not limited to the setting of strategic objectives and must be adopted throughout the organization. It impacts almost all aspects of organizational life, including decision-making, goal-setting, performance management, culture, and communication. It is not a technique employed by only a few financial experts but rather a mindset and way of doing business that permeates the entire organization.

Which Two Statements Apply to the Use of a Value-