Which of the Following Statements About Organizational Culture Is True

question 79

Multiple Choice

Which of the following statements about organizational culture is true?

• A)Corporate mission statements are always a true expression of culture.
• B)Who is hired and fired and why indicate the firm's real value and are a clue to the corporate culture.
• C)A strong culture is an inconsistent culture so it can adapt quickly to environmental changes.
• D)The competing-values model of culture includes the "individual" type of culture as a category.
• E)It is unimportant to diagnose organizational cultures when two organizations are considering a merger.

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Definitions:

Cash Account

A financial record that tracks the cash transactions of a business, reflecting all inflows and outflows of cash.

Evaluating Across Companies

The process of comparing financial performance, strategies, and metrics of different companies within the same industry.

Petty Cash Fund

A small amount of cash kept on hand for minor or incidental expenses within a business.

Journal Entry

A record in accounting that represents a transaction and its effects on various accounts, typically involving at least one debit and one credit.