A company's shared values have little effect on managerial decisions and actions.

Question

Quizplus · Accepted Answer

Shared values are an important aspect of a company's culture and can heavily influence managerial decisions and actions. They help create a common vision and purpose that guides the organization's behavior and decision-making. When managers align their decisions and actions with the company's shared values, they are more likely to achieve positive outcomes and build trust with employees, customers, and other stakeholders. Therefore, shared values should not be underestimated in their impact on a company's success.

A Company's Shared Values Have Little Effect on Managerial Decisions