When Shifts in the Shared Set of Beliefs,expectations,values,norms,and Work Routines

question 55

Multiple Choice

When shifts in the shared set of beliefs,expectations,values,norms,and work routines influence how members of an organization relate to one another and work together to achieve organizational goals,this is known as what type of change?

• A)Structural change
• B)Technological change
• C)Strategic change
• D)Cultural change
• E)Eclectic change

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Definitions:

Unearned Service Revenue

Income received by a company for services that have not yet been performed, considered a liability until the service is provided.

Service Revenue

Income earned by a company for the services it provides to its customers.

Cash

The most liquid asset, representing currency or its equivalent that can be accessed immediately or near-immediately.

Interest-Bearing Note

A debt instrument where the borrower pays the lender interest over the life of the note, in addition to repaying the principal amount.