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

question 40

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.
• 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.

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Definitions:

Appraised

The process of professionally evaluating the value of a particular piece of property, such as real estate or a collectible.

Offered for Sale

Products or services made available to customers for purchase.

Buyer Pays

A term indicating that the purchaser is responsible for the cost of shipping and insurance during transportation of goods.

Monetary Unit Assumption

An accounting assumption that requires that financial reports be expressed in a single monetary unit, or currency.