The Characteristics of a Strong-Culture Company Include All of the Following

question 45

Multiple Choice

The characteristics of a strong-culture company include all of the following EXCEPT

• A)deeply rooted values and operating approaches that "regulate" the conduct of a company's business and the climate of its workplace.
• B)strong managerial commitment to display company values and principles in their own actions and behavior.
• C)dedicated efforts on the part of management to communicating values and business principles to organization members and explaining how they relate to the company's business environment.
• D)ingrained shared values and business principles guide management in making decisions.
• E)co-worker peer pressure to challenge cultural norms.

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Definitions:

Allocate Resources

The process of distributing available resources among various competing needs and wants in order to achieve desired outcomes efficiently and effectively.

Efficiently

Attaining the highest level of efficiency by minimizing unnecessary effort or cost.

Externality

A financial consequence related to a product or service that results in advantages or expenses for individuals not involved in making decisions about the amount of production or consumption.

Economic Efficiency

The optimal allocation of resources where goods and services are produced at their lowest possible cost and where those goods and services align with consumers' preferences.