General Standards That Determine What Appropriate and Inappropriate Behavior in an Organization

question 2

Multiple Choice

General standards that determine what appropriate and inappropriate behavior in an organization is known as .

• A)rules
• B)procedures
• C)norms
• D)binding documents

---

Definitions:

A Lease

A contractual agreement where one party (the lessor) allows another party (the lessee) to use an asset in exchange for payment over a specified period.

Gross Lease

A lease in which the monthly payment made by the tenant remains the same and the landlord pays the operating expenses of the building.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding cost of goods sold.

Leasehold Improvements

Alterations or enhancements made to a leased space by or for a tenant, usually to suit the specific needs of that tenant, which typically become the property of the landlord at the end of the lease term.