Which of the Following Statements About Organizational Culture Is True

question 16

Multiple Choice

Which of the following statements about organizational culture is true?

• A)Corporate mission statements are always a true expression of a firm's culture.
• B)Who is hired and fired and why indicate the firm's real values and are a clue to the culture.
• C)A firm with a strong culture will have different people holding different values.
• D)A culture that was advantageous in a prior era continues to be so in a new environment.
• E)It is not necessary to consider culture when considering a merger.

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Definitions:

Decision-making Lag

The delay between the identification of a need for a policy response and the implementation of the decision.

Recognition Lag

The time needed to identify a macroeconomic problem and assess its seriousness.

Effectiveness Lag

The time it takes for a policy action, particularly in monetary or fiscal policy, to produce its intended effects on the economy.

Recognition Lag

The time it takes for policymakers to identify and acknowledge an economic problem or trend.