Which of the Following Best Describes the Core Values of a Company

question 62

Multiple Choice

Which of the following best describes the core values of a company?

• A) They represent the alignment of the strategic plan with the human resource plan.
• B) They are strong enduring beliefs and principles of the company.
• C) They are the basic purpose of the organization.
• D) They provide a perspective on where the company is headed.

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Definitions:

United States

A country located in North America, comprised of 50 states, a federal district, five major self-governing territories, and various possessions.

Bankrupt

A legal situation in which an individual or firm finds that it cannot make timely interest payments on money it has borrowed. In such cases, a bankruptcy judge can order the individual or firm to liquidate (turn into cash) its assets in order to pay lenders at least some portion of the amount they are owed.

Creative Destruction

A concept in economics introduced by Joseph Schumpeter, referring to the process where outdated or obsolete products, services, and technologies are replaced by innovative and more efficient ones, driving economic progress.

Destroyed Industries

Sectors or markets that have suffered severe disruption or collapse, often due to technological changes, market shifts, or external disruptions.