Describe two mechanisms through which culture might have an influence on the structure of organizations.
What will be an ideal response?
Organizational structure is seen as a manifestation or symptom of the management group’s
cultural background. The logical extensions of specific cultural value orientations include explicit
organizational structure arrangements, but even more strongly, the way that these arrangements are
put into practice. Country differences in the sources of guidance on which managers rely most heavily
suggests that the extent to which managers rely on rules (related to formalization) and on superiors
(related to centralization) varies among countries in ways that are related to other culture dimension
measures.
2. National culture competes with global forces to influence the extent to which different ways of
organizing are accepted by the members of a society. Pressures from the organizational environment,
which includes the cultural context, dictate the type of structure seen as correct or legitimate.
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Brand equity can be built by linking the brand to sources, such as channels of distribution as well as to
other brands. Indicate whether the statement is true or false
When the FASB considers the effects of an accounting standard:
a. the only costs it considers are auditing costs. b. it considers benefits primarily in terms of the information needs of the stock market. c. it is not concerned with producer costs. d. it is primarily concerned with the effects of the standard on small or non-publicly listed firms.
In direct response to the terrorist attacks on September 11, 2001, President George W. Bush signed into law the ________________.
a. Robinson-Patman Act b. USA PATRIOT Act c. Sarbanes-Oxley Act d. Sherman Antitrust Act
Which of the following bank assets are the least liquid?
A) Reserves B) Mortgage loans C) Cash items in process of collection D) Deposits with other banks