Answer the following statements true (T) or false (F)

Question

1. Corporate culture is as also known as organizational structure. 
2. The "social glue" that binds customers to a particular firm is called organizational culture. 
3. Organizational culture can vary widely across organizations on dimensions of treatment of employees, teamwork, and risk taking. 
4. A formal system of task and reporting relationships that coordinate and motivate an organization's members is known as an organizational configuration. 

Answer 1

1. FALSE
Organizational culture, also called corporate culture, is a system of shared beliefs and values that develops within an organization and guides the behavior of its members. Organizational structure is a formal system of task and reporting relationships that coordinate and motivates an organization's members so that they can work together to achieve the organization's goals.
2. FALSE
Organizational culture, sometimes called corporate culture, is a system of shared beliefs and values that develops within an organization and guides the behavior of its members. This is the "social glue" that binds members of the organization together.
3. TRUE
Culture can vary considerably, with different organizations having differing emphases on risk taking, treatment of employees, teamwork, rules and regulations, conflict and criticism, and rewards.
4. FALSE
Organizational structure is a formal system of task and reporting relationships that coordinate and motivates an organization's members so that they can work together to achieve the organization's goals.