The character of a company's culture is a NOT a product of
A. standards of what is ethically acceptable and what is not.
B. organizational learning from past errant behavior on the part of executives and employees.
C. core values and beliefs espoused by executives.
D. the "chemistry" and the "personality" that permeate the work environment.
E. its traditions and the stories that get told over and over.
Answer: B
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The accounting concept that requires every business to be accounted for separately from other business entities, including its owner or owners is known as the:
A. Revenue recognition principle. B. Going-concern assumption. C. Time-period assumption. D. Business entity assumption. E. Measurement (Cost) principle.
The selling price of a product is originally greater than the variable cost of producing it. Assume that the selling price and the variable cost per unit both increase 20% and fixed costs do not change. What is the effect of this change on the contribution margin per unit and the contribution margin ratio?
a. Contribution margin per unit and the contribution margin ratio both remain unchanged. b. Contribution margin per unit and the contribution margin ratio both increase. c. Contribution margin per unit increases and the contribution margin ratio remains unchanged. d. Contribution margin per unit decreases and the contribution margin ratio remains unchanged.
The UTL_FILE package contains a PUT_LINE data type that is used to declare a file variable.
Answer the following statement true (T) or false (F)
The ability of an organization to produce goods or services that have some uniqueness in their characteristics is:
A) mass production. B) time-based competition. C) competing on productivity. D) competing on quality. E) competing on differentiation.