The System of Shared Beliefs and Values That Develops Within

question 143

Multiple Choice

The system of shared beliefs and values that develops within an organization and guides the behaviour of its members is called __________.

• A)Organizational culture
• B)Corporate behavioural guidelines.
• C)Corporate climate.
• D)Systemic culture.
• E)Social culture.

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Definitions:

Outstanding Bonds

Bonds issued by a company that are currently still held by investors and have not yet been redeemed.

Purchase

The act of buying goods or services, typically in exchange for money.

Parent

A corporation that owns more than 50% of the voting stock of another company, making the latter its subsidiary.

Subsidiary

A company that is controlled by another company, known as the parent company, through ownership of more than half of its voting stock.