Organizational Culture Defines What Is Important and Unimportant in the Company

question 140

True/False

Organizational culture defines what is important and unimportant in the company and, consequently, directs everyone in the organization toward the "right way" of doing things.

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Definitions:

Controlling Influence

The power to govern the financial and operating policies of an entity so as to obtain benefits from its activities, often through ownership or agreement.

Equity Securities

Equity Securities are financial instruments that represent ownership interest in a company, such as stocks, entitling the holder to a share of the entity's profits and assets.

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.

Long-Term Investments-AFS

These are long-term investments in 'Available for Sale Securities' that a company has, which can be sold in the future.