The Single Most Visible Factor That Distinguishes Successful Culture-Change Efforts

question 27

Multiple Choice

The single most visible factor that distinguishes successful culture-change efforts from failed attempts is

• A)forceful management actions to empower employees to adopt new operating practices.
• B)competent leadership at the top.
• C)de-layering the management hierarchy.
• D)developing a new value statement that inspires company personnel to put forth their best efforts to achieve performance targets.
• E)convincing employees that top management is genuinely committed to high ethical standards and the exercise of corporate social responsibility.

---

Definitions:

Equipment

Tangible, long-term assets used in the operation of a business to produce goods or provide services, usually subject to depreciation over their useful lives.

Cash Flow

The net amount of cash and cash-equivalents being transferred into and out of a business.

Operating Activities

Activities that relate to the primary, day-to-day operations of a business, such as selling products or providing services.

Prepaid Expenses

Assets on the balance sheet representing services or goods paid for upfront but not yet consumed.