When Trying to Change a Problem Culture,management Should Undertake Such

question 74

Multiple Choice

When trying to change a problem culture,management should undertake such steps as

• A) selecting a team of key employees to lead the culture change effort and design a plan for cultural change.
• B) identifying which aspects of the present culture are supportive of good strategy execution and which ones are not and then selling the work force on what new actions, behaviors, and work practices are needed to improve performance.
• C) drawing up an action plan to change the present culture and then persuading company personnel why this plan of action is good and will be successful.
• D) conducting an employee survey to determine the organization's cultural norms and what company personnel like and dislike about the current culture.
• E) employing a consultant with expertise in culture change and following his/her advice on how to proceed.

---

Definitions:

Oligopolies

Market structures characterized by a small number of firms that have significant market power, which can influence prices and output levels.

Cartels

Formal agreements among competing firms to control prices, production, and distribution of goods, often to restrict competition and increase profits illegally.

Collusive Arrangements

Agreements between firms to control prices or exclude entry of a new competitor in the market, often in violation of antitrust laws.

Secret Price Concessions

Unadvertised discounts or reductions in price offered to buyers, often as part of negotiation processes in sales transactions.