Organizational Culture Refers to

question 295

Multiple Choice

Organizational culture refers to

• A) the personal moral and ethical codes of ethics of its top management.
• B) a written mission statement expressing its goals and objectives.
• C) the fundamental, passionate, and enduring principles that guide its conduct over time.
• D) the ethos of an organization including the core values of its management.
• E) a set of values, ideas, attitudes, and norms of behavior that is learned and shared among the members of an organization.

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Definitions:

Tax Per Unit

A fixed amount of tax imposed on a product or service, regardless of its price.

Excise Tax

A tax applied to specific goods, services, or transactions, usually with the intent of discouraging their use or generating revenue.

Tax Per Unit

A specific tax levied on a product based on the number of units purchased, not the value of the purchase.

Efficiency Loss

The loss of economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.