Which of the Following Statements Regarding Core Values Is Most

question 268

Multiple Choice

Which of the following statements regarding core values is most accurate?

• A)Core values are developed by cross-functional teams at all levels of an organization.
• B)Core values are the underpinnings of what ultimately motivates a firm's customers.
• C)Core values change as the product itself changes.
• D)Core values establish the norms of the firm's organizational culture.
• E)Core values cannot be separated for the financial realities of a firm's operating expenses.

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Definitions:

Specialized Expertise

Specific knowledge or skills in a particular area or field that sets an individual or group apart.

Appropriate Way

The most suitable or proper method to achieve a specific goal or to handle a situation.

Output Controls

Mechanisms put in place to measure the results of operations or performance to ensure that goals and objectives are met.

Managing by Exception

A management strategy where leaders only intervene in operations when performance metrics fall outside of pre-set acceptable ranges.