The Core Values of an Organization Refer to Guiding Operating

question 89

True/False

The core values of an organization refer to guiding operating principles that simplify decision making in that organization.

---

Definitions:

Owners

Individuals or entities that possess legal rights and claims to the assets of a business.

Monthly Salary Allowance

A fixed amount of money or compensations given on a monthly basis, often excluding any bonuses or additional pay.

Net Income

The total profit of a company after subtracting all expenses from revenues, also known as the bottom line.

Limited Life

The concept that an asset or an entity has a finite existence or operational period before it ceases to be useful or exist.