The Major Determinant of the Organizational Culture of Most Companies

question 6

Multiple Choice

The major determinant of the organizational culture of most companies is:

• A)The personality and beliefs of the founder
• B)The impact of the company's local environment
• C)The personal traits of employees
• D)The cultural change initiatives promoted by top management.

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Definitions:

Production Costs

Expenses directly related to the creation of goods and services, including materials, labor, and overhead costs.

Fixed Production Costs

Costs that do not change with the level of production, such as rent, insurance, and salaries.

Variable Production Costs

Costs that change in proportion to the level of production activity, such as raw materials and direct labor.

Variable Costing

A costing method that includes only variable production costs in the cost of goods sold and treats fixed overhead as a period expense.