Which statement best describes a values statement?

A values statement is fundamentally a declaration that outlines the core values, principles, and beliefs that guide an organization's behavior and culture. It plays a crucial role in defining the identity of the organization, establishing what it stands for, and providing a framework for decision-making. This statement often communicates the organization's priorities and ethical considerations, helping to align employees and stakeholders with a common purpose.

In contrast to financial forecasts, which focus on economic projections, or descriptions of operational procedures that outline how tasks are executed, a values statement is more about the philosophy and ideals that underpin an organization’s actions. Similarly, while a list of products and services details what an organization offers to its clients, it does not delve into the intrinsic values that shape the overall mission and vision of the agency. Therefore, the identification of a values statement as a definition of core values and the organization's identity is a clear and accurate representation of its role within an organization.