Which of the Following Approaches Is Effective for Top Management

question 53

Multiple Choice

Which of the following approaches is effective for top management to use to manage the positive corporate culture effectively?

• A) Executives must not give too much attention to the mundane details of daily affairs.
• B) Executives must allow the organization to develop lofty ideas and visions for the company, and then it is up to others in the organization to follow through on these ideas and visions.
• C) CEOs and other executives should always make choices that contribute to profit even if this means not quite living up to the company's values.
• D) Hire and promote employees on the basis of the organization's corporate values.
• E) All of these are effective to manage the corporate culture.

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Definitions:

Yield to Maturity

The expected total yield on a bond when held until it reaches its date of maturity.

Semiannual Coupon

Interest payments made to bondholders twice a year.

Yield

The income return on an investment, such as the interest or dividends received, typically expressed as an annual percentage of the investment cost.

Maturity Bond

A bond at the end of its term, at which point the principal amount is due to be paid back to the bondholder.