BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Every organization has a set of values, whether or not they are written down.
A
True
B
False
Explanation: 

Detailed explanation-1: -Organizational values are the set of behavioral norms, beliefs and principles that work as the guide and core foundation of the organization’s code of ethics and conduct. They help define an organization and serve as a blueprint by which employees and management address problems and solve issues.

Detailed explanation-2: -Organisational values are a set of core beliefs held by an organisation. They act as guiding principles that provide an organisation with purpose and direction and set the tone for its interactions with its customers, employees and other stakeholders.

Detailed explanation-3: -How many core values should a company have? Company values need to be clear and easy to remember, so it’s best to have a small number of broad values: between 3 and 10 is ideal.

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