The Norms and Value Systems That Are Shared Among the Employees

question 144

Multiple Choice

The norms and value systems that are shared among the employees of an organization refer to its _____.

• A)process scenario
• B)organizational structure
• C)business structure
• D)organizational culture

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Definitions:

FICA-Medicare

A federal insurance contribution act tax specifically designated for Medicare, a portion of the payroll tax paid by employees and employers to fund the Medicare program.

Medical Benefits

Health-related benefits, typically provided by an employer, that cover medical expenses for employees.

Overtime Rate

The increased pay rate employers are required to pay employees for hours worked beyond the standard workweek, typically 1.5 times the regular hourly rate.

Net Pay

The amount of an employee's salary that remains after deducting taxes and other statutory deductions.