Which of the Following Statements Is True of Shared Values

question 37

Multiple Choice

Which of the following statements is true of shared values?

• A)Profit and social welfare are substitutes that managers must trade off to create shared values.
• B)Shared values entail transferring the ability to effectively perform tasks from one organization to another.
• C)Shared values focus on the improvement of both the economic and social welfare of a firm.
• D)Shared values focus solely on the income and wealth outcomes of an organization.

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Definitions:

Alcohol Dependency

A medical condition characterized by a strong, often uncontrollable desire to drink alcohol, leading to a physical and psychological dependence.

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or sexual orientation, rather than their merits or abilities.

Inclusion Initiatives

Are strategies or programs implemented by organizations to create an environment that welcomes, values, and supports diversity among its members.

Business Goals

Objectives or targets that a company aims to achieve within a specific timeframe to ensure sustainable growth and success.