For an Organization to Be Effective, Its Internal Culture Should

question 9

Essay

For an organization to be effective, its internal culture should align with organizational strategy and the needs of the external environment. The manager must determine what kind of culture (or combination of cultures) is necessary in order to succeed in the environment. Write a short essay that describes each of these four types of corporate culture, and defends the type that you think gives a company the most competitive advantage:
•Adaptability culture
•Achievement culture
•Involvement culture
•Consistency culture

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Definitions:

Firm Owners

Individuals or entities that hold an ownership interest in a company, representing their claim on the company's assets and earnings.

Mutually Exclusive Projects

Investment initiatives where committing to one option precludes the selection of an alternative.

Analytical Method

A systematic approach in research and investigation to solve problems or interpret data.

Discounted Payback

A capital budgeting method that calculates the time required to recoup the cost of an investment, considering the time value of money.