Changing a Problem Culture

question 80

Multiple Choice

Changing a problem culture

• A)is one of the toughest managerial tasks because of the heavy anchor of ingrained behaviors and ways of doing things.
• B)is best done by instituting an aggressive program to train employees in the ways and beliefs of the new culture to be implanted.
• C)is best done by selecting a team of key employees to lead the culture change effort.
• D)requires writing a new statement of core values, having a series of lengthy meetings with employees to explain the new culture and the reasons why cultural change is needed, and then having both employees and shareholders vote to ratify and adopt the new culture.
• E)can be done quickly only if managers tie incentive compensation to exhibiting the desired new cultural behaviors and if managers visibly praise people who exhibit the desired new cultural traits.

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Definitions:

Codicil

A supplement or addition to a will, not intended to replace it but rather to modify, explain, or add to its provisions.

Attestation

The act of witnessing a document, such as a contract or will, and signing it to confirm it is valid or true.

Contested Wills

Contested Wills refer to legal disputes over the validity or interpretation of a deceased person's will.

Insurance Agreement

An insurance agreement is a contract between an insurer and the insured, whereby the insurer promises to compensate the insured for specific potential future losses in exchange for a premium.