Adam, the owner of Adam's Roofing, was talking to a visitor in his office, telling her that "We are a fun-loving group that believes in teamwork and a family atmosphere at work, which significantly affects our work outcomes. Plus, we do things together outside of work. This is the 'social glue' that binds the members of our company together." Adam was referring to his company's

A. mission statement.
B. organizational culture.
C. code of ethics.
D. diversity plan.
E. analytics.


B. organizational culture.

Organizational culture, or corporate culture, is the set of shared, taken-for-granted implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments. Corporate culture is the "social glue" that binds members of the organization together. Just as a human being has a personality—such as fun-loving, warm, uptight, competitive—so an organization has a "personality." And that is culture.

Business

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A(n) ________ uses an automated work cell controlled by electronic signals from a common centralized computer facility

Fill in the blanks with correct word

Business

The beta of ABC Co. stock is the slope of

A) the arbitrage pricing line. B) the security market line. C) the characteristic line for a plot of ABC Co. returns against the returns of the market portfolio for the same period. D) the characteristic line for a plot of returns on the S&P 500 versus returns on short-term Treasury bills.

Business

A fundamental basis of regression analysis is the assumption of:

A. a straight line relationship between the independent and dependent variables. B. the lack of a relationship between independent variables. C. the existence of two independent variables for every dependent variable. D. a uniform normal distribution between dependent variables. E. a curvilinear relationship between two weakly associated dependent variables.

Business

In U.S. v. Allmendinger, involving an insurance scam run by Allmendinger and others, Allmendinger received a much longer prison sentence than a co-conspiriator, which he appealed. The appeals court held that the sentence:

a. violated the Sentencing Guidelines and would be recalculated b. was not justified because Allmendinger cooperated in the investigation of the crime c. was justified because the loss suffered by victims exceeded $100 million d. violated equal protection of the 14th amendment as the defendants were equally guilty so the sentences should be similar for all e. none of the other choices are correct

Business