Theories Are Based on Hypotheses

question 50

True/False

Theories are based on hypotheses.

Understand the concept and importance of strategic planning in businesses.

Recognize the role of environmental analysis in strategic planning.

Comprehend the ethical considerations in management and the impact of ethical leadership.

Identify opportunities arising from sociocultural trends for small businesses.

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Definitions:

Shared Beliefs

Common ideas or values accepted and held by a group or community, which can influence collective behavior and decision-making.

Organizational Culture

The shared values, beliefs, and norms that influence the way employees think, feel, and act within an organization.

Core Culture

The core values, or underlying assumptions and beliefs, that shape and guide people’s behaviours in an organization.

Observable Culture

The visible and measurable aspects of an organization's culture, such as behaviors, rituals, and symbols.