Which of the Following Is True About a Company with the Adhocracy

question 29

Multiple Choice

Which of the following is true about a company with the adhocracy culture?

• A)There is a high value placed on stability and control.
• B)Increased formalization rules the organization.
• C)Risk taking is encouraged and innovation is valued in the company.
• D)The leaders' role mainly consists of organizing,monitoring,measuring,and evaluating the activities of subordinates.
• E)Most promotions occur from within the organization.

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Definitions:

Merchandise Purchases Budget

A detailed plan used by a merchandising company that shows the amount of goods that must be purchased from suppliers during the period.

Budgeted Sales

The projected amount of sales, in units or revenue, a company expects to achieve during a specific period, often used for planning and performance evaluation purposes.

Merchandise Inventory

Represents the goods a company has in stock that are available for sale to customers.

Sales on Account

Revenue generated from sales where payment is yet to be collected, often recorded as accounts receivable.