Which of the Following Statements Is True Regarding an Organization's

question 108

Multiple Choice

Which of the following statements is true regarding an organization's culture?

• A) Organizational culture is evaluative rather than descriptive.
• B) Large organizations rarely have subcultures.
• C) A dominant culture expresses the core values shared by a majority of the organization's members.
• D) A strong culture increases employee turnover.
• E) Subcultures and dominant cultures must not share any common values.

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Definitions:

Interest Charged

The cost incurred by borrowing money, calculated as a percentage of the principal amount loaned.

Discounted Note

A financial instrument representing a promise to pay, which is sold for less than its face value before maturity.

Note Proceeds

The amount of money generated from issuing a note payable, which is a written promise to pay a specified sum of money at a future date.

Interest-bearing Note

A debt instrument in which the borrower agrees to pay back the principal sum along with interest on a specified date.