Question

Which of the following is true about value-based cultures?a. They emphasize obedience to the rules as the primary responsibility of ethics.b. They are only as strong and as precise as the rules with which workers are expected to comply.c. They reflect the traditional approach of classifying corporate culture.d. These cultures are perceived to be more flexible and far-sighted corporate environments.

Answer 1

Answer:

(D) These cultures are perceived to be more flexible and far-sighted corporate environments.

Explanation:

A corporation that operates as a value-based organization, is a corporation that operates on a culture that was shaped by the members of the organization, from employees to shareholders, and thus tends to be more flexible in how they operate compared to traditional corporation structures. Employees are committed to these types of organizations because they find alignment between their personal values and the values of the organizations, which in turn lead to better overall performance.