Which of the Following Statements Is True About Organizational Culture

question 73

Multiple Choice

Which of the following statements is true about organizational culture?

• A) The concept of organizational or corporate culture was popularized in the early 1930s.
• B) A company's organizational culture can be determined by management.
• C) The focus on organizational culture by management consultants and theorists has drastically decreased over time.
• D) The official organizational culture of a company is exactly the same as its actual organizational culture.
• E) Organizational culture refers to an organization's customary, but often unstated, ways of perceiving and doing things.

Identify the impact of specific events (destruction of subject matter, counteroffers) on the validity of a contractual offer.

Understand the role of electronic communications in contract law, including the Uniform Electronic Transactions Act.

Understand the challenges managers face in global competition and the importance of leading a diverse workforce.

Grasp the impact of international agreements like NAFTA on global trade and economic integration.

---

Definitions:

Operating Activities

Operating activities involve the day-to-day functions that are directly related to producing and delivering a company's goods and services, contributing to cash inflows and outflows during a period.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Indirect Method

A technique used in cash flow statements to adjust net income for changes in non-cash operating activities to calculate net cash provided by operating activities.

Operating Activities

Activities directly related to the daily business operations, including cash inflows and outflows from selling products and services.