Subcultures Refer to

question 65

Multiple Choice

Subcultures refer to

• A) subgroups within the larger national culture, whose values and beliefs are diametrically opposed to foreign cultures.
• B) groups within organizations whose values and beliefs influence the corporate culture.
• C) subgroups within the larger, or national, culture with unique values, ideas, and attitudes.
• D) stakeholder groups outside an organization whose values and beliefs are contrary to the corporate culture.
• E) the designation given to people between the ages of 13 and 24 whose values and beliefs are not yet fully formed but are still influenced both by their families and society.

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Definitions:

Variable Costing

A costing method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.

Absorption Costing

A bookkeeping technique that encases the entirety of manufacturing expenses such as direct materials, direct labor, along with both variable and fixed overhead costs, in the product’s cost.

Divisional Segment Margin

A measure of the profitability of a specific division or segment within a company, usually calculated as the division's earnings before interest and taxes divided by its revenues.

Net Operating Income

A company's revenue minus its operating expenses, not including taxes and interest charges.