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Why might a company develop organizational core values?

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Final answer:

A company might develop organizational core values to provide direction and purpose, establish a positive working environment, and differentiate itself from competitors.

Step-by-step explanation:

A company might develop organizational core values for a variety of reasons:

  1. To provide a clear sense of direction and purpose to employees, helping them align their actions with the company's mission and vision.
  2. To establish a positive and productive working environment by defining the expected behaviors, attitudes, and norms within the organization.
  3. To differentiate the company from competitors by showcasing its unique values and principles, which can attract like-minded employees, customers, and business partners.
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