A company's value system and its collection of guiding principles is known as its:
A)mission statement.
B)corporate culture.
C)strategic plan.
D)vision statement.

Question

Quizplus · Accepted Answer

A company's value system and guiding principles are part of its corporate culture, which encompasses its beliefs, behaviors, and practices. The culture is shaped by leaders, employees, and the organization's history and values. The other choices (mission statement, strategic plan, vision statement) are also important elements of a company's overall direction, but they are more focused on specific goals and objectives rather than the broader cultural environment.

A Company's Value System and Its Collection of Guiding Principles