A Company's Values or Core Values Concern

question 101

Multiple Choice

A company's values or core values concern

• A)whether and to what extent it intends to operate in an ethical and socially responsible manner.
• B)how aggressively it will seek to maximize profits and enforce high ethical standards.
• C)the beliefs and operating principles built into the company's balanced scorecard for measuring performance.
• D)the beliefs, traits, and behavioral norms that company personnel are expected to display in conducting the company's business and pursuing its strategic vision and mission.
• E)the beliefs, principles, and ethical standards that are incorporated into the company's strategic intent and business model.

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Definitions:

Preincorporation Contract

An agreement made by individuals before the formation of a corporation, which the corporation may later adopt or ratify.

Promoter

An individual or organization that helps to initiate and plan significant events, businesses, or movements.

Ratifies

The act of formally confirming or approving a decision or agreement, making it officially valid.

Preincorporation Contract

An agreement entered into on behalf of a corporation before it is legally formed.