Response:
The espoused values.
Clarification:
The espoused value refers to the beliefs articulated on behalf of the organization. For instance, these are the established practices and processes endorsed by employees, which yield positive outcomes and value for the company.
Hence, when an organization conducts an award ceremony to honor exemplary employees of the year, it reflects and promotes within the organizational culture the commitment to ethical behavior and corporate principles that are essential for maintaining and enhancing positive standards of conduct for achieving success in the organization.
