MicroTrac Allows Its Engineers to Spend 20 Percent of Their

question 46

Multiple Choice

MicroTrac allows its engineers to spend 20 percent of their working time pursuing projects that they are passionate about to encourage innovation at the organization.This describes which of the following specific cultures?

• A)Creativity culture
• B)Service culture
• C)Safety culture
• D)Diversity culture
• E)Communal culture

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Definitions:

Limited Liability Company

An enterprise configuration that amalgamates the individual taxation approach of sole proprietorships or partnerships with the capped liability advantages of a corporation.

Corporation

A legal entity that is separate and distinct from its owners, offering them limited liability and the ability to raise funds by selling shares.

Net Income

The profit remaining after all costs, expenses, and taxes have been subtracted from total revenue.

Allowances

Funds set aside or discounts offered to account for various factors such as potential returns, defective goods, or customer satisfaction initiatives.