Visual Aids That Show the Flow of Costs and Revenues

question 21

Multiple Choice

Visual aids that show the flow of costs and revenues over a period of time are known as

• A) cash flow diagrams.
• B) cost - revenue diagrams.
• C) Venn diagrams.
• D) business plans.

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Definitions:

Theory Y

Assumes that employees can view work as being as natural as rest or play, and therefore, people will exercise self-direction and self-control if they are committed to the objectives.

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of an organization, influencing its functioning and identity.

Edgar Schein

A notable American organizational psychologist known for his contributions to the understanding of organizational culture, leadership, and career dynamics.

Peter Drucker

An Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.