Which of the Following Are Characteristics of 'Values' According to Schein

question 12

Multiple Choice

Which of the following are characteristics of 'Values' according to Schein (1992) ?

• A)Cultural artefacts
• B)Basic assumptions
• C)Shared organizational responses
• D)The protestant work ethic

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Definitions:

Investment Opportunity

A situation or option through which an investor can potentially increase their wealth by allocating resources in a way that generates returns.

Margin

Net operating income divided by sales.

Contribution Margin Ratio

The percentage of each sale that contributes to covering fixed costs, calculated as contribution margin divided by sales revenue.

Fixed Expenses

Expenditures that stay unchanged despite differences in the volume of production or sales, covering items like rental fees, payroll, and coverage costs.