Strengths and Weaknesses Are Part of a Firm's Internal Environment

question 74

True/False

Strengths and weaknesses are part of a firm's internal environment.

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Definitions:

In-Group Collectivism

As a cultural value, the degree to which individuals express, and should express, pride, loyalty, and cohesiveness in their organizations and families.

"What's In It For Me?"

A question or mindset that reflects an individual's interest in understanding the personal benefits, gains, or motivations behind engaging in a particular action or decision.

Person-Organization Fit

The compatibility between an individual's values, beliefs, and personality and the culture, values, and norms of the organization they work for.

Corporate Culture

Represents the shared values, beliefs, and practices that characterize an organization and influence its employee behavior.