Which of the Following Statements About a Weak Company Culture

question 89

Multiple Choice

Which of the following statements about a weak company culture is true?

• A) In a weak-culture company, there is virtually no employee support for the company's strategic vision and strategy.
• B) Weak-culture companies do not usually have a code of ethics and have little regard for high ethical standards.
• C) Weak cultures provide little assistance in executing strategy because there are no traditions, values, or behavioral norms that management can use as levers to mobilize commitment to executing the chosen strategy.
• D) Weak-culture companies are fairly receptive to change and to people who champion new ways of doing things.
• E) In a weak-culture company, there is usually a dearth of intellectual capital and inattention to building core competencies.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, reflected in its income statement.

Tax Rate

The percentage at which an individual or corporation is taxed by the government.

Net Profit Margin Percentage

A financial metric that shows the percentage of revenue that remains as profit after all expenses have been subtracted from total sales.

Net Operating Income

A measure of a company's profitability from its regular business operations, excluding expenses and revenues from non-operational activities.