Core Values Notes: Definitions & Explanations PDF | Download eBooks
Study Core Values lecture notes PDF with total quality management definitions and explanation to study What are Core Values?. Study core values explanation with TQM terms to review total quality management course for online MBA programs.
Core Values Definition:
Core values of an organization refer to guiding operating principles that simplify decision making in that organization.
Managing Quality: Integrating the Supply Chain by S. Thomas Foster
Core Values Notes:
An organization, while developing strategies, must consider its core values. Core values are some principles that must be obeyed by the organization at all levels. They are like fundamental beliefs of an organization. Therefore, it is important to consider core values before making strategies in order to achieve the objectives. The organization should imply policies and make decisions in light of its core values. Core values have a huge impact on an organizational culture so the values are well communicated within the organization. They also guide companies if they are on the right path in achieving their goals. Examples of some core values are trust, honesty, commitment, and passion.
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