Formal Statements of Organizational Philosophy, Charters, Creeds, Materials Used for Recruitment

question 115

Multiple Choice

Formal statements of organizational philosophy, charters, creeds, materials used for recruitment and selection, and socialization help an organization

• A) abide by SEC rules.
• B) link culture to strategy.
• C) set guidelines for firing.
• D) increase profits.
• E) manage conflicts between stakeholders.

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Definitions:

Marginal Cost

The increased cost resulting from the production of an extra unit of a good or service.

Fourth Unit

A reference to a specific item in a series, often used in economic theories or models to discuss marginal utility or cost of an additional unit.

Marginal Revenue

The rise in income generated by selling an additional unit of a product or service.