Because Shared Values Influence the Way Work Is Done,employees Can

question 56

Multiple Choice

Because shared values influence the way work is done,employees can become more enthusiastic about working together to support the values they believe in.This illustrates which purpose of shared organizational values?

• A)Guide managers' decisions and actions.
• B)Control employee behaviour.
• C)Influence marketing efforts.
• D)Build team spirit.

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Definitions:

Consumer Surplus

The difference between the total amount consumers are willing to pay for a good or service and the total amount they actually pay.

Product Value

The importance or usefulness of a product to a consumer, often reflected in their willingness to pay for it.

Producing More X

Increasing the output or manufacture of a specific product or commodity, referred to as "X".

Society Gains

Refers to the overall benefits or improvements in welfare that accrue to a community or society from economic activities or policies.