One of the Three Key Managerial Tools for Leveraging Culture

question 51

Multiple Choice

One of the three key managerial tools for leveraging culture for performance is ______.

• A) managing culture through the reward system
• B) attraction-selection-attrition
• C) letting the culture organically develop
• D) being sure all employees know they must fit it

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Definitions:

Fixed Cost

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Variable Costs

Expenses that change in proportion to the activity or production level of a business.

Output

The total amount of goods or services produced by a company or economy in a given period.