ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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it makes money
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it is lawful
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) it is consistent with company values andpolicies
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it does not harm some while benefiting others
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Detailed explanation-1: -Influence Behavior. Holding employees to a company standard can help shape the way they do their jobs. When company values are defined and enforced, it can inspire workers to hold themselves to a higher standard. It also makes employee criticism a matter of living up to those values, rather than a personal attack.
Detailed explanation-2: -Company values are the core values or standards that guide the way you do business. They sum up what your business stands for, influences the organisational culture and drives how and why you do things. While business plans and strategies may change, the core values of your business will usually remain the same.
Detailed explanation-3: -Core values are the basis upon which the members of a company make decisions, plan strategies, and interact with each other and their stakeholders. A stakeholder is any person or organization that is impacted in some way by the company. Core values reflect what is important to the organization and its members.