Merck-"Highest Level of Scientific Excellence," Whole Foods-"Creating Ongoing Win-Win Partnerships

question 70

Multiple Choice

Merck-"highest level of scientific excellence," Whole Foods-"Creating ongoing win-win partnerships with our suppliers," Fedex---"We are honest,ethical,and do the right thing." These are examples of __________.

• A) process innovations
• B) value-based management
• C) values statements
• D) mission statements

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Definitions:

Contingent

Not necessary; could have been otherwise. What we believe (or a state of affairs) is contingent if we can imagine its being other than it is.

Royal Road

Historically, a phrase suggesting a direct and effortless path to a solution or goal; originates from the ancient Persian network of roads facilitating rapid communication.

Science

A systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.

Sensory Evidence

Information obtained through the senses, which form the basis of empirical knowledge and understanding of the environment.