Examlex
The manager of a large retail chain recently spoke to a group of college students about being successful in the business world. He focused particularly on the importance of fulfilling the purpose of the business organization: that is, to produce and market profitable products needed by society. In so doing, he indicated that a shareholder, not the society as a whole, invests in a corporation to earn a return on his or her investment and that a firm is legally obligated to act in shareholders' interests. What concept do the manager's comments reveal?
Organizational Culture
The shared values and beliefs in an organization and its workforce.
Visioning Application
Involves the process or tool used for planning future goals, aspirations, or ideals for an organization or individual.
Personal Style
An individual’s unique way of expressing themselves through their clothing, behavior, and lifestyle choices.
Tailored Process
A method or procedure specifically designed or customized to meet unique requirements or needs.
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