What Are an Organization's Informal, Unwritten Rules That Guide Individual

question 53

Multiple Choice

What are an organization's informal, unwritten rules that guide individual behavior called?

• A) Norms
• B) Values
• C) Policies
• D) Artifacts
• E) Beliefs

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Definitions:

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventories.

Return on Sales

A financial ratio that calculates a company's net income relative to its revenue, showing how efficiently it converts sales into profits.

Total Asset Turnover

A financial ratio that measures a company's efficiency in using its assets to generate sales revenue.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health of a company.