Week 3: Business Values Quiz

Which of the following is NOT mentioned as a characteristic of business values?

• Unique to the organisation.

• Truthful.

• Flexible.

• Based on what the organisation already does.

What should every strong set of values be in line with?

• The company's profit margins

• The organisation's purpose

• The employees' preferences

• The market trends

What is considered a moral compass for employees?

• The company's profit

• The values of the company

• The market trends

• The customer feedback

What should be ensured for all employees regardless of their location?

• High salaries

• Support in their work

• Flexible working hours

• Regular promotions

What should be discussed during the brainstorming session?

• The company's financial goals

• The expectations employees have of their employers

• The marketing strategy

• The company's product development

What is the ideal time to discuss what the organisation expects of its teams?

• During the hiring process

• During the brainstorming session

• During the annual review

• During team-building activities

What is the third step in developing organisational values?

• Get a Team Together

• Brainstorm

• Write the New Values Down

• Get Sign off from the Top

What must organisational values be in order to be effective?

• Complex and detailed

• Clear and simple enough to recall

• Broad and general

• Focused on financial goals

What is the final step in developing organisational values?

• Get a Team Together

• Brainstorm

• Write the New Values Down

• Get Sign off from the Top

What should you be ready to do when presenting the values to stakeholders?

• Defend the reasoning and modify the values in response to criticism

• Ignore any feedback

• Focus only on positive feedback

• Present financial data