Cultures Whose Values and Norms Help an Organization to Build

question 23

Multiple Choice

Cultures whose values and norms help an organization to build momentum and to grow and change as needed to achieve its goals and be effective are referred to as

• A)aggressive cultures.
• B)entrepreneurial cultures.
• C)inert cultures.
• D)normative cultures.
• E)adaptive cultures.

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Definitions:

Normal Rate

A term that can refer to the typical or standard interest rate charged by lenders or expected returns on investments under normal conditions.

Operating Profit

The profit earned from a firm's normal core business operations, excluding deductions of interest and tax.

Total Revenue

The overall amount of money generated from sales of goods or services before any expenses are subtracted.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the overall financial gain of a business.