Which of the Following Statements Is True Regarding Effective Organisational

question 46

Multiple Choice

Which of the following statements is true regarding effective organisational cultures?

• A)Once a corporate culture has developed, strategic leaders can focus on other activities.
• B)It is not possible to develop a corporate culture into a core competency.
• C)A central task of strategic leaders is to change the corporate culture on an annual basis after analysing the changes occurring in the competitive environment.
• D)Organisational culture can be a source of competitive advantage because it influences employee behaviour and the firm's conduct in the marketplace.

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Definitions:

Ledger

A comprehensive collection of a company's accounts, where transactions are recorded in detail.

Account

A report or record that maintains the details of each financial transaction a company engages in.

Accounts Receivable

Money owed to a business by its customers from the sale of goods or services on credit.

Credit

A financial arrangement where a borrower receives something of value with the agreement to repay it later, often including interest.