Which of the Following Statements Is True of Organizational Culture

question 14

Multiple Choice

Which of the following statements is true of organizational culture?

• A) Changes in culture are too frequent to have any impact on strategic implementation.
• B) It is better for founder CEOs to create a relevant culture, structure, and strategy in the early stages.
• C) It is always better to focus on output control and performance than on organizational culture.
• D) According to research, more than 50 percent of firms change culture successfully.

---

Definitions:

Amortization

The gradual reduction of a debt over a period of time through regular payments, which cover interest and principal.

Interest Expense

The cost incurred by an entity for borrowed funds, typically noted on the income statement as a non-operating expense.

Issued

Refers to securities, such as stocks or bonds, that have been made available for sale and have been purchased by investors.

Callable

Describes a financial security (e.g., a bond) that can be redeemed or "called" by the issuer before its maturity date under certain conditions.