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7.2 Which of the following statements is true?
a. Strong values improve corporate performance
b. Strong values can replace rules and controls in an organisation
c. Strong values minimise conflict within an organisation
d. Strong values are dangerous if they filter out ‘uncomfortable’ environmental informationanswer: D
I don’t understand the answer, can you explain sir?
and what are strong values?Strong values are beliefs that are held very strongly eg:
Our company is the best, or
We good at innovationSo:
Answer A Wrong. For example if we believe we are the best this can lead to self-satisfaction and arrogance which will not improve performance
Answer B. Wrong. Controls will always be needed, eg to control the amount spent kn R&D.
Answer C. Wrong. We might believe we are good at innovation but this would not decrease conflict over what potential innovations to develop further
Answer D. Correct. For example, we believe we are the best but this leads us to discount the progress, innovations and increasing market share of our competitors.
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