To Refer to the Pattern of Norms and Values That

question 88

Multiple Choice

To refer to the pattern of norms and values that affects how business is actually carried out in an organization,sociologists use the term:

• A) bureaucracy.
• B) organizational culture.
• C) union.
• D) ritualism.

---

Definitions:

Time Value of Money

The concept that money available today is worth more than the same amount in the future due to its potential earning capacity.

Capital Investment Project

A project undertaken by a business to acquire or upgrade physical assets such as property, industrial buildings, or equipment to create future benefits.

Break-Even Time

The period it takes for a business or project to generate enough revenue to cover its initial investment and start making a profit.

Cash Inflows

The movement of money into a business or account, typically from operating activities, financing, and investing.