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Roberto has an art collection valued at $1,000,000. He has promised to donate his collection to a local arts foundation if that foundation satisfactorily obtains donations of equal value from other sources. The foundation manages to obtain matching donations. However, when Roberto died, his will stated that he had left his collection to his nephew, Michael. If the foundation sues, which of the following is true?
Corporate Philosophy
entails the values, beliefs, and principles that guide a company's operations, shaping its culture and strategic direction.
Local Environment
The immediate surroundings or conditions in which an organization operates, including the social, cultural, and economic aspects influencing its performance.
Organisational Culture
The shared values, beliefs, and norms that influence the way employees behave within an organization.
Institutional Identity
The unique set of characteristics, values, and culture that defines an organization and distinguishes it from others.
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