Neither Governments nor Not-For-Profit Entities Have Residual Equity That Can

question 48

True/False

Neither governments nor not-for-profit entities have residual equity that can be distributed to owners.

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Definitions:

Diversity

entails the inclusion and representation of different types of people and viewpoints in a group, organization, or society, valuing differences in race, gender, age, cultural background, etc.

Value-based Management

Management that actively develops, communicates, and enacts shared values.

Corporate Culture

encompasses the beliefs, behaviors, values, and symbols that are accepted generally by employees of an organization, influencing its identity and actions.

Value-based Management

A management approach that ensures corporations are managed consistently on value, maximizing shareholder value over time.