Which of the Following Contribute to the Emergence and Sustainability

question 36

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:

Functional Currency

The primary currency of the primary economic environment in which an entity operates, and in which it typically generates and expends cash.

Exchange Rates

The rate at which one currency is exchanged for another.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset over its useful life.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.