Which of the Following Statements Is True Regarding the Functions

question 51

Multiple Choice

Which of the following statements is true regarding the functions of culture in an organization?

• A) It hinders the generation of commitment to something larger than individual self-interest.
• B) It conveys a sense of identity for organization members.
• C) It reduces the stability of the social system.
• D) It reduces distinctions between one organization and others.
• E) It does not affect employees' attitudes and behavior.

---

Definitions:

Loanable Funds

The money available for borrowing in the financial markets, determined by the savings of individuals and institutions and the willingness to lend.

Interest Rate

The percentage at which interest is charged or paid on a sum of money over a period of time.

Loanable Funds

This refers to the total amount of funds available for borrowing in the financial markets, determined by the saving rate and investment demands.

Equilibrium Interest Rate

The rate of interest where the quantity of money sought equals the amount available, equilibrating investment and savings across the economy.