A Company's Values Relate to Such Things As

question 103

Multiple Choice

A company's values relate to such things as:

• A) how it will balance its pursuit of financial objectives against the pursuit of its strategic objectives.
• B) how it will balance the pursuit of its business purpose/mission against the pursuit of its strategic vision.
• C) fair treatment,integrity,ethical behavior,innovativeness,teamwork,top-notch quality,superior customer service,social responsibility,and community citizenship.
• D) whether it will emphasize stock price appreciation or higher dividend payments to shareholders,and whether it will put more emphasis on the achievement of short-term performance targets or long-range performance targets.
• E) All of these.

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Definitions:

Variety

The quality or state of being different or diverse; the absence of uniformity or monotony.

Materials Productivity

A measure of how efficiently materials are utilized to produce goods and services.

Ratio

A quantitative relationship between two numbers that shows how many times one value is contained within the other.

Operations Management

The administration of business practices aimed at ensuring maximum efficiency within a company, focusing on product and service development, production, and distribution.