An Organization's Culture Is ________

question 143

Multiple Choice

An organization's culture is ________.

• A)represented in organizational meetings by the top manager of the organization
• B)represented by a common perception held by interest groups that watch the organization
• C)represented by a common perception held by the organization's members
• D)changed when the organization is purchased by new owners

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Definitions:

Corporate Existence

The state of being recognized as a legal entity that is separate from its owners, enabling the corporation to own assets, incur liabilities, and enter into contracts.

Business Combination

A transaction or other event in which an acquirer obtains control of one or more businesses.

Common Stock

Equity ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.

Fair Value

An estimation of the price at which an asset or liability could be traded in a fair transaction between willing parties, other than in a forced or liquidation sale.