Which of the Following Is Not a Characteristic of Organizational

question 6

Multiple Choice

Which of the following is not a characteristic of organizational culture?

• A) attention to detail
• B) outcome orientation
• C) innovation
• D) formality orientation
• E) team orientation

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Definitions:

Fair Value

An estimated market value of an asset or liability, based on the assumption of a transaction between willing parties in an arm's length transaction.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets, representing factors such as reputation, brand, and customer relationships.

Entity Method

A consolidation approach where investments are recorded at the purchase cost, adjusted for the parent company's share in the subsidiary's post-acquisition profits or losses.

Gross Margin

A company's revenue minus its cost of goods sold, divided by revenue, expressed as a percentage, indicating the percentage of revenue that exceeds the cost of goods sold.