Organisational Climate Refers To

question 43

Multiple Choice

Organisational climate refers to:

• A)the level of tension created in the organisation as a result of the culture.
• B)the attitude of senior members of the organisation with regard to decision making.
• C)the shared perceptions that organisational members have about their organisation and its work environment.
• D)none of the above.

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Definitions:

Business Cycle

The fluctuations in economic activity that an economy experiences over a period of time, typically characterized by periods of boom and recession.

Balanced Budget Rule

A fiscal policy regulation requiring that a government's spending does not exceed its income in a given period.

Recession

A period of economic decline across an economy lasting several months, typically recognized by a decrease in GDP, income, employment, and trade.

Price Level

The collective mean of prices for all produced goods and services in the economy at present.