Compared to a Firm Operating at 100% of Capacity, Firms

question 65

True/False

Compared to a firm operating at 100% of capacity, firms that are operating at less than full capacity will require greater new external funds when sales increase.

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Definitions:

Dominant Culture

The set of shared beliefs, values, norms, and practices that is accepted by the majority of members in a society or organization.

Deculturation

The process of losing one's cultural identity, usually as the result of external pressures or assimilation into another culture.

Espoused Values

The declared set of values and norms that an organization claims to strive for and hold dear, which may or may not be reflected in its actual practices.

Artifacts

Artifacts in an organizational context are tangible elements like physical layout, language, rituals, and technologies that represent the culture of an organization.