A Company's Culture

question 28

Multiple Choice

A company's culture:

• A)plays an important part in the development of the company's competitive advantage.
• B)generally has little effect on employee behavior due to the more powerful influence of national culture.
• C)is relatively easy to change and adapt to changing company strategies.
• D)arises more from the employees than from the founder,emphasizing the importance of the hiring process.

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Definitions:

Sampling Distribution

The distribution of a statistic based on all possible random samples that can be drawn from a given population.

Sample Means

The average values derived from samples, considered as estimations of the population mean, crucial in the field of inferential statistics.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values are close to the mean.

Population

The complete set of items or individuals that are the objects of a statistical study.