Which of the Following Contribute to the Emergence and Sustainability

question 86

Multiple Choice

Which of the following contribute to the emergence and sustainability of a strong culture?

• A) Senior executives that walk the talk of high ethical standards
• B) A strong emphasis on developing innovative core competencies and competitive capabilities
• C) A sincere,long-standing company commitment to operating the business according to established traditions,thereby creating an internal environment that supports decision making and strategies based on cultural norms
• D) Centralized decision making and strict enforcement of company policies
• E) A long-standing commitment to strict enforcement of established policies and procedures and steadfast unwillingness to change these policies and procedures

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Definitions:

Indirect Costs

Overhead or administrative expenses that are not directly attributable to a specific product or service, but are necessary for the business operations.

Initial Direct Costs

Costs that are directly associated with securing a financing agreement or leasing an asset, excluding general overhead.

Revenue Recognition

An accounting principle that determines the specific conditions under which income becomes realized as revenue.

Completed Contract

This accounting practice records the income and expenses of projects after they are finalized, ensuring financial statements only reflect finished work.