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miv72 [106K]
4 years ago
11

every organization has a set of unwritten norms that mambers of the organization accept and understand and which guide their act

ions. this system of shared meaning is
Business
1 answer:
lesya [120]4 years ago
7 0

Answer:

Organization's culture.

Explanation:

Every organization has a set of unwritten norms that members of the organization accept and understand and which guide their actions. This system of shared meaning is organization's culture.

An organizational culture typically comprises of values, norms, beliefs and assumptions which defines the most appropriate ways of behaving in an organization (work environment).

Generally, an organizational culture is usually designed and established by the top executives or management of an organization and communicated to the various employees working there.

According to Robert Quinn and Kim Cameron, an organizational culture can be divided into four (4) main categories;

1. Adhocracy culture.

2. Clan culture.

3. Hierarchy culture.

4. Market culture.

<em>Additionally, the significance of an organizational culture is simply that it creates a unique social, efficient and psychological environment of an organization. </em>

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1 - Describe two justifications for the need for professional financial planning advice
icang [17]

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Alja [10]

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Finance charges calculated by average daily balance finance charges basis, adjusted balance method finance charges basis and Previous Balance Method Finance Charge basis is calculated as follows

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Previous Balance Method Finance Charge basis = $800

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