Asked by
Nikhil Gupta
on Oct 22, 2024Verified
___ refers to managers who actively help develop, communicate, and enact shared values within an organization.
A) Normative guidance
B) Value-based management
C) Executive morality
D) Rules-based leadership
E) Transactional leadership
Value-Based Management
A management approach that ensures corporations are run consistently on values that maximize the value for shareholders.
Normative Guidance
Principles or recommendations based on norms or standards intended to direct or influence behavior and decision-making.
Transactional Leadership
A leadership style focused on supervision, organization, and performance; involves motivating employees through rewards and punishments.
- Recognize the importance of value-based management in reinforcing organizational culture.
Verified Answer
GN
Learning Objectives
- Recognize the importance of value-based management in reinforcing organizational culture.