A company's values concern
A) whether and to what extent it intends to operate in an ethical and socially responsible manner.
B) how aggressively it will seek to maximize profits and enforce high ethical standards.
C) the beliefs and operating principles built into the company's "balanced scorecard" for measuring performance.
D) the beliefs, traits, and behavioral norms that company personnel are expected to display in conducting the company's business and pursuing its strategic vision and mission.
E) the beliefs, principles, and ethical standards that are incorporated into the company's strategic intent and business model.

Question

Quizplus · Accepted Answer

A company's values encompass the beliefs, traits, and behavioral norms that company personnel are expected to demonstrate in conducting the company's business and pursuing its strategic vision and mission. These values guide the decisions and actions of employees and shape the company's culture. They are not necessarily focused on maximizing profits or built into the balanced scorecard, but rather represent the ethical and behavioral foundation of the company.

A Company's Values Concern