The Difference Between a Corporate Vision and Corporate Values Is

question 13

Multiple Choice

The difference between a corporate vision and corporate values is that ______ .

• A)a vision is a concrete plan for the future and values are corporate ethical standards
• B)a vision is a look at what a corporation might be like in the distant future and values are corporate ethical standards
• C)a vision is a standard of ethics and values are plans for the distant future
• D)a vision is a statement of the primary emphasis of a corporation and values are key points that a company will strive for in the distant future

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Definitions:

Retain Earnings

Profits that a company keeps after dividends have been paid out to shareholders, often used for reinvestment in the business.

Dividends

Distributions of earnings given by a company to its stockholders, typically from the profits made.

Labor Supply Curves

Graphical representation showing the relationship between different wage levels and the quantity of labor workers are willing to supply, generally sloping upwards indicating that higher wages attract more labor.

Movements of Workers

Refers to the geographical or occupational mobility of labor, which includes migration or changes in jobs within or across industries.