Which of the following best describes ‘Values’ in a team context?

In a team context, values refer to the shared beliefs that guide the behaviors and decisions of the team members. These values serve as the foundation for how team members interact with each other and work towards common goals. When a team has established values, it creates a culture that promotes trust, cohesion, and collaboration. These shared beliefs help to align the team members’ actions and priorities, fostering an environment where individuals are more likely to work together effectively and support one another in achieving the team's objectives.

The other options do not encapsulate the concept of values in a team. Rules for team conduct pertain more to specific guidelines and regulations rather than the underlying beliefs that influence behavior. Individual goals focus on personal aspirations, which may not necessarily align with the collective aims of the team. Conflicts among members highlight discord instead of the foundational beliefs that unite the team. Therefore, the selection of shared beliefs as the definition of values accurately conveys their critical role in shaping team dynamics.