Which of the Following Is NOT a Reflection of Organizational

question 6

Multiple Choice

Which of the following is NOT a reflection of organizational culture?

• A) the role of a manager in the organization
• B) a parking spot close to the building awarded to the "employee of the month"
• C) the annual holiday party
• D) All of these are reflections of organizational culture

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Definitions:

Mark-Up

The amount added to the cost price of goods to cover overhead and profit; it is the difference between the cost of a good or service and its selling price.

Market Power

The ability of a company or entity to influence the price and output levels in a market.

Elasticity Of Demand

A measure of how much the quantity demanded of a good changes in response to a change in its price.

Mark-Up

A percentage added to the cost price to determine the selling price.