________ Describes the Collectively Shared Values and Norms of an Organization's

question 60

Multiple Choice

________ describes the collectively shared values and norms of an organization's members.

• A) Competitive advantage
• B) Organizational structure
• C) Organizational culture
• D) Core competency

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Definitions:

Regulation

Rules or laws designed to control or govern conduct, often imposed by governmental agencies.

State and Federal Laws

Regulations established by state and federal governments that businesses and individuals must comply with.

Business Conduct

The standards, values, and practices that guide the actions of businesses in their pursuit of economic and social performance.

Restraints of Trade

Legal or economic actions or practices that restrict free trade or competition in a particular market.