Question

HP founders David Packard and William Hewlett created a close-knit organizational culture that gave a lot of responsibility to employees and fostered innovation within the company, which were clearly stated values of the firm's founders. This is an example of _____.

Answer 1

Answer: Esposued values

Step-by-step explanation: In simple words, espoused values refers to the perceptions and ideas that are inherited on behalf of the organisation by its top managers and executives. These values are inherited in the annual reports or general meetings of the organisation.

In the given case, the founders of HP made sure that employees get lots of responsibility and freedom for innovation.

Thus, we can conclude that their decisions are an example of espoused values.