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

question 38

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 values 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.

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Definitions:

Derived Demand

The demand for a good, service, or factor of production resulting from the demand for another good or service.

Los Angeles Dodgers

is an American professional baseball team based in Los Angeles, California, competing in Major League Baseball (MLB) as a member of the National League (NL) West division.

Marginal Revenue Product Curve

The marginal revenue product curve illustrates how a firm's revenue changes with the employment of an additional unit of a resource, holding other factors constant.

Product Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price over a specified period of time.