Western Governors University (WGU) BUS3000 C717 Business Ethics Pre-assessment Practice Exam

Question: 1 / 400

What do a company's core values represent?

Strategies for market expansion

Beliefs and principles that provide the ultimate guide in its decision making

A company's core values represent its fundamental beliefs and principles that serve as an ultimate guide in decision-making. These values shape the organization's culture, influence its behavior, and determine how it interacts with employees, customers, stakeholders, and the community. Core values provide a framework for evaluating actions and choices, ensuring that the company remains aligned with its mission and vision. They play a crucial role in establishing trust and integrity within the organization, fostering a consistent identity and guiding principles that impact all levels of operations and strategic planning.

Other options focus on different aspects of business management. Strategies for market expansion relate to growth tactics, while financial goals pertain to monetary targets, and policies for employee conduct refer to specific guidelines for behavior within the workplace. These elements are important, but they do not encompass the deeper, foundational beliefs that core values represent.

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The financial goals of the company

Policies for employee conduct

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