The Set of Shared Values, Purposes, and Beliefs That Employees

question 52

Multiple Choice

The set of shared values, purposes, and beliefs that employees have about an organization is its:

• A) Organizational approach.
• B) Values-and-beliefs statement.
• C) Corporate climate.
• D) Corporate culture.

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Definitions:

Developed Nations

Countries with advanced industrial economies, high living standards, well-established infrastructures, and stable governments.

Federal Budget Deficit

The federal budget deficit occurs when a government's expenditures exceed its revenues within a given fiscal year, leading to borrowing to cover the gap.

Declined Substantially

A phrase indicating a significant decrease or reduction in the quantity, value, or quality of something.

Discretionary Fiscal Policy

A government strategy involving adjusting its spending levels and tax rates to monitor and influence a nation's economy.