Which Statement About Corporate Cultures Is Not True

question 2

Multiple Choice

Which statement about corporate cultures is not true?

• A) A corporate culture is typically shaped by the leaders in the company.
• B) Corporate culture is reinforced through rituals and ceremonies.
• C) Corporate cultures seldom change significantly once they are established.
• D) In an organization with a strong culture, everyone knows and supports the same principles, beliefs, and values.

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Definitions:

Marginal Cost

Incremental expenditure incurred by manufacturing an additional unit of a product or service.

Selling Price

The price at which a product or service is sold to customers.

Marginal Cost

Expenditure incurred in producing an additional unit of a good or service.

Marginal Revenue Curve

A graphical representation showing the change in total revenue for each additional unit of a good or service sold.