HR Can Affect the Probability of Survival of a New

question 61

True/False

HR can affect the probability of survival of a new venture by as much as 32 percent.

---

Definitions:

Market Culture

An organizational culture focused on competition, achievement, and goal attainment, emphasizing external success and customer satisfaction.

Socialization Process

The means by which individuals learn and internalize the values, norms, and behaviors that are considered appropriate in their society.

Contingency Approach

A management theory that suggests the most appropriate organizational structure or leadership style is dependent on specific external factors.

Culture-Performance Relationships

The dynamic interplay between the cultural norms and values within an organization and its performance outcomes.