ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
—Important principles that will guide decisions and actions in the company are
A
unethical.
B
called core values.
C
goals.
D
not important.
Explanation: 

Detailed explanation-1: -Company core values are the principles guiding and often driving an organization’s mission and goals. They guide crucial actions and behaviors, such as how business decisions are made and successful relationships are formed. They inform the company’s culture, hiring practices, and product ideation.

Detailed explanation-2: -A vital workplace is built on five core values: Compassion, Accountability, Healthy Competition, Personal Growth & Wellness, and Equality.

Detailed explanation-3: -Core values are one piece of creating a repeatable, scalable system. They allow people in your organization to make good decisions on their own, by simply applying the values to new challenges that come along. Your core values will remove bottlenecks and empower individual growth across your organization.

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