Danielle Works for a Large Company in the Petroleum Industry

question 51

Multiple Choice

Danielle works for a large company in the petroleum industry.It is a centralized organization with many levels of authority.Which of the following is a characteristic of the company's organizational culture?

• A)It gives people more personal autonomy.
• B) It ignores traditions.
• C)It lays emphasis on obeying authority.
• D)It decentralizes authority.
• E)Its desired goals are change and innovation.

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Definitions:

Depreciation

The method by which a company allocates an asset's cost over its useful life, reflecting the consumption of the asset's economic benefits.

Disposable Income

The reserve of funds households possess for spending and saving after income tax payments.

Savings

The portion of disposable income not spent on consumption of goods and services, set aside for future use.

Disposable Income

Net financial resources for households to allocate towards spending and savings after income taxation.