An Organisational Culture Refers to a System of Shared Values

question 111

True/False

An organisational culture refers to a system of shared values, principles, traditions and practices.

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Definitions:

Immigration

Immigration is the action of coming to live permanently in a foreign country.

Total Output

The complete quantity of goods or services produced by an economy or firm within a specific period.

Labor Cost

The total amount of money that a business pays to its employees, a significant component of the overall production cost.

Domestic Output

The sum of all products and services generated inside a nation's boundaries.