List and Describe the Four Characteristics of Successful Organizational Cultures

question 22

Essay

List and describe the four characteristics of successful organizational cultures. Explain what is meant by success in this context. Identify an organization that you are aware of that seems to have a successful organizational culture. Characterize that organization on each of these four dimensions. Can an organization still have a successful culture if it is weak on one of these dimensions?

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Definitions:

Marginal Productivities

Describes the additional output generated by employing one more unit of input, holding other inputs constant.

Higher Earnings

Increased income from wages, salaries, investments, or other sources, typically compared to a previous period or average.

Better-Educated

Referring to individuals who have received a higher level of formal education, often resulting in improved skills, knowledge, and job opportunities.

Human-Capital Theory

A theory that views individuals' skills and knowledge as valuable assets that can enhance their productivity and income.