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Distinguishing between Values, Principles, and Characteristics
In the corporate world, companies often have core values that may seem generic and meaningless, like integrity. However, individuals within a company operate based on implicit principles that guide their actions, even if not explicitly stated. These principles are specific to individuals and influence day-to-day decisions. Values like courage are abstract concepts, open to various interpretations, while principles are more specific and closer to practical application. Principles can be seen as explicit rules of thumb that individuals adhere to, guiding their behavior in different situations.