Use the Following Two Statements to Answer This Question

question 39

Multiple Choice

Use the following two statements to answer this question:
I.Real option valuation takes into account that a firm responds to different circumstances and changes its operating characteristics.
II.Real option valuation places great weight on the flexibility involved in a firm's operations.

• A)I and II are correct.
• B)I and II are incorrect.
• C)I is correct, II is incorrect.
• D)I is incorrect, II is correct.

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Definitions:

Cultural Values

The core principles and ideals upon which an entire community exists and functions, shaping behavior and setting standards for what is important.

Subcultures

Groups within a larger culture that have their own distinct values, behaviors, and traditions.

Dominant Values

The core principles and standards that are most important and widely upheld within a society, organization, or group.

Organizational Culture

encompasses the values, beliefs, behaviors, and norms that are shared among members of an organization, shaping its social and psychological environment.