Question

Statements that define fundamental values and reference organizational responsibilities, products, and employees are often called _____.

a) Ethical guidelines

b) Corporate policies

c) Mission statements

d) Operational procedures

Answer 1

Mission statements

Step-by-step explanation:

Statements that define fundamental values and reference organizational responsibilities, products, and employees are often called mission statements.

Mission statements are concise statements that outline the purpose and goals of an organization and serve as a guide for decision-making and day-to-day operations. They define the fundamental values, aspirations, and strategic direction of the organization, and provide a framework for evaluating the company's performance and success.

For example, a company may have a mission statement that emphasizes the importance of customer satisfaction, ethical business practices, and innovation. This statement sets the tone for the company's actions and helps align employees and stakeholders towards a common purpose.