An Organization's Operating Culture Is a Sum of All the Policies

question 25

True/False

An organization's operating culture is a sum of all the policies and procedures,both written and informal.

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Definitions:

Perpetual

Perpetual pertains to something that never ends or changes, often used in finance to describe a type of bond with no maturity date.

Discount Rate

The interest rate that an investment's cash flows are discounted at to calculate its present value, often reflecting the risk and opportunity cost associated with the investment.

Equity-Financed

Funding a company's operations or projects through the sale of stock rather than borrowing.

Market Value

The current price at which an asset or service can be bought or sold, often used to refer to the total market capitalization of a publicly-traded company.