Which of the Following Statements Is True

question 51

Multiple Choice

Which of the following statements is true?

• A)Customers in high tax brackets would be more likely to take cash discounts and
• Corporations in high tax brackets would be more likely to offer credit.
• B)Customers in high tax brackets would be more likely to take cash discounts and
• Corporations in low tax brackets would be more likely to offer credit.
• C)Customers in low tax brackets would be more likely to take cash discounts and
• Corporations in high tax brackets would be more likely to offer credit.
• D)Customers in low tax brackets would be more likely to take cash discounts and
• Corporations in low tax brackets would be more likely to offer credit.
• E)Taxes have an effect on the propensity to grant credit, but no effect on the propensity to
• Use credit.

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Definitions:

Adaptive Cultures

Organizational cultures that are flexible, resilient, and responsive in adapting to changing environments and challenges.

Subcultures

Groups within a larger culture that have their own distinct norms, values, behaviors, or beliefs.

Countercultures

Social groups whose values, norms, and practices deviate from or oppose those of the mainstream culture.

Organizational Culture

The shared values, beliefs, and norms that shape the social and psychological environment of a business or organization.