In Which Way Is the Culture of an Organisation Communicated

question 40

Multiple Choice

In which way is the culture of an organisation communicated and reinforced?

• A) By unique terms and ways of using words
• B) Through stories, material symbols, language and rituals
• C) Through the history of the organisation
• D) By attending the training classes of an organisation

Recognize the cost implications of offering trade credit discounts and the use of stretching accounts payable.

Identify the purposes and differences between short-term and long-term cash budgets.

Understand the principles guiding the use of trade credit and the evaluation of credit cost.

Comprehend the implications of using short-term over long-term financing, including interest rate risks.

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Definitions:

Construe Constructions

The process of interpreting or understanding meanings and intentions within verbal or non-verbal communication.

Instinctual Perceptions

The automatic, innate responses and feelings about people or situations, without conscious reasoning.

Hierarchy of Needs

A model proposed by Abraham Maslow arranging human needs in a pyramid, with basic needs at the bottom and self-actualization at the top.

Motivated

The state of having a desire or willingness to act or achieve something, driven by internal or external factors.