Identify a True Statement About Espoused Values

question 54

Multiple Choice

Identify a true statement about espoused values.

• A) They are the explicitly stated values and norms preferred by an organization.
• B) They are seldom written down or posted anywhere.
• C) They are the implicit values of the employees of an organization.
• D) They are also referred to as enacted values.
• E) They represent the values and norms that are practiced in an organization.

---

Definitions:

Currency Values

The worth of one country's currency in terms of another's, influenced by economic conditions and political stability.

Currency Cross Rate

The exchange rate between two currencies, calculated based on their common exchange rates with a third currency, usually the US dollar, without needing direct exchange between the two currencies.

Exchange Rate

The price at which one currency can be exchanged for another currency.

Third Currency

A currency used as an intermediary for trading between two currencies that are not directly exchangeable.