Which of the Following Is True of Corporate Values

question 34

Multiple Choice

Which of the following is true of corporate values?

• A)Corporate values are those that are formulated and adhered to by individuals.
• B)Publicly traded companies can decline to adopt a code of conduct.
• C)The employees of a company are not bound by corporate values.
• D)Corporate values are most effective when aligned with personal values.
• E)Corporate values are implied and unwritten rules which are open to interpretation.

---

Definitions:

Illusion of Control

The tendency for individuals to overestimate their ability to control events or outcomes.

Optimistic Bias

The tendency to believe that we are less likely to experience negative events compared to others.

Anchoring

Anchoring refers to the cognitive bias where an individual relies too heavily on an initial piece of information (anchor) when making decisions.

Stereotyping Heuristic

A cognitive shortcut that involves making judgments about an individual based on generalized beliefs about the group to which they belong.