Budgets Can Be Used as a Benchmark Against Which to Evaluate

question 41

True/False

Budgets can be used as a benchmark against which to evaluate performance and control costs.

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Definitions:

Organizational Cultures

The shared values, beliefs, and norms that characterize an organization and influence its members' behaviors.

Resistance to Change

The unwillingness or inability of individuals or organizations to adapt to new conditions, methods, or innovations.

Strong Cultures

Organizational cultures characterized by deeply held and widely shared beliefs, practices, and values that govern the behavior of the members of the organization.

Organizational Cultures

The shared values, beliefs, and norms that influence the way employees think, feel, and behave within an organization.