Organizational Culture Is

question 38

Multiple Choice

Organizational culture is:

• A) the norms and value systems that are shared among the employees of an organization.
• B) the means through which a company assigns employees to specific tasks and roles and specifies how these tasks and roles are to be linked together to increase efficiency, quality, innovation, and responsiveness to customers.
• C) the process of deciding how a company should create, use, and combine organizational structure, control systems, and culture to pursue a business model successfully.
• D) the clear and unambiguous chain of command that defines each manager's relative authority from the CEO down through top, middle, to first-line managers.
• E) the principle that a company should design its hierarchy with the fewest levels of authority necessary to use organizational resources effectively.

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Definitions:

Poorly Trained Workers

Refers to employees who have not received adequate training to perform their job roles efficiently, leading to potential reductions in productivity and quality.

Unfavorable Effect

A situation or outcome in financial analysis or performance metrics where actual results are worse than planned or expected results.

Variances

Discrepancies between planned financial outcomes and the actual results, used in budgeting and accounting to analyze and control costs.

Quantity Variance

A variance that is computed by taking the difference between the actual quantity of the input used and the amount of the input that should have been used for the actual level of output and multiplying the result by the standard price of the input.