Institutions That Anticipate and Recognize Significant External Forces and Modify

question 13

True/False

Institutions that anticipate and recognize significant external forces and modify their strategies and operations accordingly will prosper.

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Definitions:

Performance Standards

The expected levels of performance that set the benchmarks for quality or success in work tasks or goals.

Organizational Culture

The shared values, beliefs, and practices that shape the behavior and attitudes of individuals within an organization, influencing its functioning and performance.

Social Control

Mechanisms, strategies, and structures within a society or group to regulate individual behavior and maintain social order.

Organizational Culture

The set of shared values, beliefs, and norms that influence the way employees think, feel, and behave in an organization.