Hard-working people at insurance giant AIG joked that "thank heavens it's Friday because that means there are only two more working days until Monday." This is characteristic of which layer of organizational culture?
A. Enacted norms
B. Invisible artifacts
C. Symbolic culture
D. Heroic mores
E. Basic assumptions
E. Basic assumptions
Basic assumptions, which are not observable, represent the core values of an organization's culture. They are those that are taken for granted and, as a result, are difficult to change.
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On a bank reconciliation, $75 interest earned on a checking account would
A) appear as a deduction of $75 from the balance per books. B) appear as an addition of $75 to the balance per bank. C) appear as an addition of $75 to the balance per books. D) not appear as an adjustment on the bank reconciliation
The following information was provided by Joseph Company as of December 31, Year 2:
On the most recent trading date, Joseph's common shares sold at $36 and the preferred shares sold at $14.The following information on industry averages is provided:Earnings per share $2.06Price-earnings ratio 13.2:1Required:1) Calculate and compare Joseph Company's ratios with the industry averages shown above. Round your answer to two decimal places.2) Discuss whether you would invest in this company.
What will be an ideal response?
Outline the changes in the business environment (that is, the context in which the business worked) that contributed to its decline.
The preceding bullet-points identify many key issues for this company. Changes can be presented systematically within a number of time periods as per the chart below, in which the more significant themes are highlighted in red type.
The services that insurance companies provide should not be a factor in selecting a life insurance company
Indicate whether the statement is true or false.