Values and ethical principles can complement a firm's strategy through creating a sense of identity and supporting cohesion.

Question

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Values and ethical principles can communicate a sense of purpose and identity, helping to unite employees around a common goal and encouraging them to work together towards a shared vision. When a company’s strategy is aligned with its values and ethical principles, it can create a strong and cohesive culture that supports both the company’s long-term success and the well-being of its stakeholders.

Values and Ethical Principles Can Complement a Firm's Strategy Through