Written values statements have the advantage of explicitly stating the company's position on ethical and moral issues, and they serve as benchmarks for judging both company policies and actions and individual conduct.

Question

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Written values statements provide clear guidance and expectations for employees, and they can be used as a framework for evaluating the company's actions and decisions. They also communicate the company's values and commitment to ethical behavior to stakeholders, such as customers, investors, and the broader community.

Written Values Statements Have the Advantage of Explicitly Stating the Company's