Which of the Following Best Describes the Core Values of a Company

question 1

Multiple Choice

Which of the following best describes the core values of a company?

• A) they encompass the systematic monitoring of external opportunities
• B) they are the basic purpose of the organization
• C) they are the strong enduring beliefs and principles used by the company to make decisions
• D) they provide a perspective on where the company is headed

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Definitions:

Balanced Scorecard

A system for planning and managing strategy that ensures business processes are in harmony with the organization's goals and vision, facilitates better communication within and outside the organization, and assesses how well the organization is achieving its strategic objectives.

Strategic Objective

A planned goal that an organization strives to achieve to guide its long-term plans and align its resources.

Performance Metrics

Quantitative measures used to evaluate, compare, and track performance or production across different periods or against specific objectives.

Performance Targets

Specific goals set by a company or individual to measure progress and achievement over a period.