This Chapter Discusses How Each Organization Has Its Own Culture

question 32

Essay

This chapter discusses how each organization has its own culture and sets of values shared by most of its members.What kind of shared values might you find at a law firm?

Recognize the impact of individual differences on personal behavior and performance.

Identify various forms of workplace discrimination and understand their implications.

Conceptualize how personal values and traits influence decision-making and problem-solving styles.

Understand the importance of personal wellness and its influence on work and personal life.

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Definitions:

Cost of Equity

The return a company requires to decide if an investment meets capital return requirements, often used in the capital asset pricing model to determine the risk-adjusted costs of financing.

Pre-tax Cost

The cost of an investment or expense before the effect of taxes is taken into account.

Flotation Costs

The expenses incurred by a company in issuing new securities, including underwriting, legal, and registration fees.

Cost of Equity

The theoretical compensation a company pays to its equity investors for the risk involved in investing in the firm.