Every Department in Your Company Has a Copy of the Mission

question 28

Multiple Choice

Every department in your company has a copy of the mission statement on the wall somewhere. This action is characteristic of an organization with which of the following types of culture?

• A) low-performance (weak) culture
• B) high-performance (strong) culture

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Definitions:

Merchant

An individual or company engaged in the wholesale purchase and retail sale of goods for profit.

Usage of Trade

Customary practices and usages that parties to a transaction in a particular trade commonly observe.

Commercial Dealing

Activities involved in the purchase and sale of goods and services in the marketplace.

Industry

The economic activity concerned with the production of goods, services, and the extraction of raw materials.