GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Official corporate culture is that which the company wants to achieve and is written down in policies and mission statements. Real corporate culture is unwritten and is the culture that actually exists in practice in an organisation.
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.
Detailed explanation-3: -Answer and Explanation: The correct option is c) Put simply, culture is just how things are done in any organization. Corporate culture reflects how management and employees interact and handle business activities. It refers to the shared practices and values of a company’s employees.
Detailed explanation-4: -Corporate culture, also known as company culture, refers to a set of beliefs and behaviors that guide how a company’s management and employees interact and handle external business transactions.