Which Statement Regarding Organizational Culture Is Most Accurate

question 251

Multiple Choice

Which statement regarding organizational culture is most accurate?

• A) Organizational culture exists only at the corporate level of an organization.
• B) Organizational culture involves communicating and connecting with all of the firm's stakeholders.
• C) Organizational culture is best used only at the functional level for the most effective results.
• D) Organizational culture cannot be learned or taught.
• E) Organizational culture is a statement of the organization's function in society.

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Definitions:

Long Run

A period in economics where all factors of production and costs are variable, allowing full adjustment to changes.

Demand Curve

A diagram that illustrates the connection between a product's price and the amount of the product that buyers are prepared and capable of buying at different price levels.

Economic Profit

The difference between the total revenue earned by a business and the total costs (both explicit and implicit) of all resources used.

Excess Profit

Profit earned by a firm that exceeds the normal level of profit in its industry, often due to monopolistic power or a lack of competition.