Question

A​ _____________ is a succinct expression of the philosophies that influence a​ corporation's decisions and actions.

A. SWOT analysis
B. Value statement
C. Vision statement
D. Mission statement
E. Goal statement

Answer 1

A value statement is an expression of a company's core principles and ethics, distinguishing it from a mission or vision statement, and is the correct answer to the provided question.

Step-by-step explanation:

A value statement is a succinct expression of the philosophies that influence a corporation’s decisions and actions. Unlike a mission statement, which defines the company’s purpose and primary objectives, or a vision statement, which outlines the company’s future goals, the value statement reflects the core principles and ethical standards the company upholds in its business practices. The correct answer to the question provided by the student is B. Value statement.