Which of the Following Statements About Company Culture Is Not

question 38

Multiple Choice

Which of the following statements about company culture is not true?

• A)Company culture is the overall prevailing set of assumptions, attitudes, beliefs, norms, practices, and value within the organization.
• B)Company culture can have powerful influence on behavior of company members.
• C)Company culture is relatively easy to change.
• D)Company culture has major impact on management thinking patterns and philosophy.

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Definitions:

Significant Influence

The capacity to affect the operating and financial decisions of another entity, typically through ownership of a substantial share of its stock.

Voting Stock

Shares that give the shareholder voting rights in the corporation's matters, typically related to the election of the board of directors.

Unrealized Gain or Loss

The increase or decrease in the value of an investment that has not yet been sold and turned into cash.

Equity Section

The portion of a company’s balance sheet that represents the owners' or shareholders' interest in the company.