Which of the Following Is True of Organizational Culture

question 21

Multiple Choice

Which of the following is true of organizational culture?

• A) It increases the diversity of an organization.
• B) It decreases the diversity of an organization.
• C) It tells people how to behave in an organization.
• D) It does not take a very long time to evolve.

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Definitions:

Departmental Contribution Margin

Departmental Contribution Margin refers to the contribution margin as calculated for specific departments within a company, showing the profit contribution of each department.

Separate Accounting Records

The practice of maintaining distinct records for different parts of a business's operations or for individual entities, ensuring clarity and precision in financial tracking.

Departments

Specific units or divisions within a business that have their own functions and responsibilities.

Departmental Income Statement

A financial statement that shows the revenue, expenses, and net income for each department within a company, helping to track the performance of distinct areas of the business.