There is a difference between declared values and espoused values. Over time, espoused values may transform into basic assumptions. For example, an organization may state that it values frugality, but it may be known for having very large customer entertainment budgets, taking its mid-level managers on an annual retreat, and other expensive practices. In this example, frugality is a declared value, but it is not an espoused value of the organizational culture. The correct answer is B.