Harry Seeks to Implement a Policy of Enhanced Values Management

question 34

Multiple Choice

Harry seeks to implement a policy of enhanced values management in his office.Which of the following is not a direct outcome of values management in the workplace that Harry can directly expect?

• A) managing values in Harry's workplace will legitimize managerial actions
• B) managing values in Harry's workplace will strengthen the cohesiveness and balance of his organization's culture
• C) managing values in Harry's workplace will enhance profit and profitability
• D) managing values in Harry's workplace will cultivate greater sensitivity to the impact of the company's values and messages

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Definitions:

Revenue Recognition Principle

An accounting principle that dictates that revenue should be recognized in the accounting period in which it is earned and realizable.

Recognized

Recognized, in accounting terms, refers to the official acknowledgment of a transaction or event in the financial statements through recording it.

Customers

Individuals or entities that purchase goods or services from a business, contributing to the company's revenue.

Revenue Recognition Principle

An accounting standard requiring revenue to be recognized in the accounting period when it is earned and measurable.