Hewlett-Packard founders David Packard and William Hewlett created a close-knit organizational culture that gave a lot of responsibility to employees and fostered innovation within the company. ______ are individual responsibility and the importance of innovation.
A. Espoused values
B. Focused values
C. Enacted values
D. Analytics
E. A diverse perspective
A. Espoused values
Espoused values are the explicitly stated values and norms preferred by an organization, as may be put forth by the firm's founder or top managers. Another example: CVS Health decided not to continue selling cigarettes because selling such an unhealthy product was heavily out of sync with a company that was trying to sell itself as a health care giant.
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