Mission of organization is the shared beliefs

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Reference no: EM132267012

1. The Mission of an organization is the shared beliefs, values, and attitudes among employees - also referred to as "how things are done around here."

True

False

2. No matter the size of a business, the leader sets the ________ for how the organization operates. If the leader is chaotic, chances are the business will be too. If the leader is well organized and efficient, the business may well be too.

asset optimization

profit expectations

tone

expense constraints

3. The department that hires, trains, and develops company employees is called ________.

human resources

personnel

hiring and firing

employment office

4. The three factors included in the calculation of the Reorder Point are ________.

supply, price, and safety stock

supply, demand, and holding costs

demand, lead time, and safety stock

demand, inventory, and price

5. No matter what way you approach raising money for your business, you will need a ________.

written business plan

winning lottery ticket

bank loan

family investment

Reference no: EM132267012

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