A Strategy Is a Statement About the Way to Achieve

question 24

Essay

A strategy is a statement about the way to achieve objectives. Why is it important to have alternate strategies?

---

Definitions:

Organizational Culture

The shared values, beliefs, and practices that characterize an organization and guide its members' behavior.

Old Culture

Refers to the traditional or longstanding values, beliefs, and practices within a group or organization.

Organizational Culture

Refers to the shared values, beliefs, and norms that influence how employees act and interact within an organization.

Hierarchical

Relating to a system that ranks positions in a graded order, typically from highest to lowest.