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Refer to the scenario below to answer the following questions.
Changing Organizational Culture (Scenario)
Jenna has been asked by the company president to change the organizational culture to reflect the company's new organizational goals. As executive vice-president, she certainly understands the goals but is really not sure that she understands what to do about the culture.
-Jenna was surprised to discover that most organizations have __________ cultures.
Passive Activity
Financial activities in which the taxpayer does not materially participate, often generating passive income or losses for tax purposes.
Rental Losses
Financial losses incurred from renting out property, often deductible under specific conditions on a taxpayer's return.
Active Income
Earnings received from direct labor or active business activities, as opposed to passive income from investments.
Portfolio Income
Income from investments, including dividends, interest, and capital gains, excluding active business income.
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