BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Organizational culture
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is long term plan how to win, visible and changes fast
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consist of values, beliefs, behaviors, paradigm (=stories, rituals, power structures, symbols, control systems)
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is theory of competitive advantage
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fairly easy to copy and defines, what you do, when everyone sees
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Explanation:
Detailed explanation-1: -Organizational culture includes an organization’s expectations, experiences, philosophy, as well as the values that guide member behavior, and is expressed in member self-image, inner workings, interactions with the outside world, and future expectations.
Detailed explanation-2: -They identified 4 types of culture – clan culture, adhocracy culture, market culture, and hierarchy culture. You can take the Organizational Culture Assessment Instrument (OCAI) to assess your organization’s culture in just 15 minutes and make strategic changes to foster an environment that helps your team flourish.
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