Which of the Following Statements Is True About the Values

question 164

Multiple Choice

Which of the following statements is true about the values statement of an organization?

• A)It is used to formulate the mission statement.
• B)It reflects the organization's culture by identifying beliefs about what is important to the organization.
• C)It focuses on long-range plans for the organization.
• D)The values contained in the statement must be quantifiable.

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Definitions:

Horizontal Integration

A type of business expansion strategy where a company acquires or merges with other companies at the same level of the supply chain in similar or different industries.

Cross-Media Integration

A strategy that involves coordinating promotional efforts across multiple media platforms to maximize the reach and impact of marketing messages.

Disney

An American multinational entertainment and media conglomerate known for its film studio, theme parks, and various media networks.

IHeartMedia

A mass media company in the United States, primarily known for its far-reaching radio broadcasting network.