In an Organization, When Every Person Understands and Embraces a Vision

question 19

Multiple Choice

In an organization, when every person understands and embraces a vision _____.

• A) everyone works in different directions
• B) the organization becomes self-adapting
• C) the vision can persist in the face of changing environmental shifts
• D) everyone is given an opportunity to go where they have gone before

---

Definitions:

Earnings Before Interest And Taxes

An indicator of a firm's earnings, specifically excluding the costs associated with interest and income taxes.

Depreciation

The accounting process of allocating the cost of tangible assets over their useful lives, reflecting the decrease in value of the asset over time.

Tax Rate

The fiscal share individuals or corporations surrender as tax.

Interest Expense

The cost incurred by an entity for borrowed funds, often reported on the income statement.