In a Circular-Flow Diagram, the Relationships Shown Are Only Those

question 91

True/False

In a circular-flow diagram, the relationships shown are only those that involve the flow of real goods and services.

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Definitions:

Corporate Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business organization.

Mission Statement

A short written declaration of an organization's core purpose and focus, that remains unchanged over time.

Core Values

Fundamental beliefs or guiding principles that dictate the behavior and action of an organization or individual.

Socialization Process

The process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society.