According to the Competing Values Model, If an Organization's Culture

question 94

Multiple Choice

According to the competing values model, if an organization's culture is competitive and goal oriented, its leaders are results oriented, and the focus is on achievement and winning, it could be best described as a(n) _____ culture.

• A)hierarchy
• B)clan
• C)market
• D)adhocracy
• E)meritocracy

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Definitions:

Par Value

The face value of a bond or the stock value stated in the corporate charter, which may differ from its market value.

Carrying Value

The book value of an asset on a company's balance sheet, calculated as the original cost minus accumulated depreciation.

Loss On Redemption

The financial loss incurred when a debt instrument, such as a bond, is repaid before its maturity date.

Effective-Interest Method

A method of calculating the amortized cost of a bond and the amount of interest expense over its relevant period.