The values statement outlines guiding principles and ethical standards by which company personnel will conduct business.

Question

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This statement is true. The values statement is a fundamental component of a company's code of ethics and serves as a moral compass for employees to follow in their professional conduct. It outlines the company's core beliefs and principles, which help to foster a positive corporate culture and promote ethical behavior.

The Values Statement Outlines Guiding Principles and Ethical Standards by Which