Business from another is the business philosophy

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Any company can sell Product X or provide Service Y, but what differentiates one business from another is the business philosophy. A company's philosophy is a distillation of its culture or ambiance into a group of core values that inform all aspects of its business practices. Having a strong company philosophy is a good way to guide your employees at decision-making crossroads, but it can also be a strong branding tool, and generally make your workplace more congenial.

What is a best philosophy a business should have? Structure your answer to address: what, why, and example.

Reference no: EM131700106

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