Why is it important that owners and managers pay close attention to corporate culture when merging two organizations?
What will be an ideal response?
Business leaders often cite the role of corporate culture in the integration process as one of the primary factors affecting the success of a merger or acquisition. Since corporate culture is the way of conducting business both within the company and externally, merging two companies that have different cultures will create challenges that need to be addressed.
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The primary measure of success of a nonprofit organization is typically
A. the total revenue. B. ROI. C. the effectiveness of the services delivered. D. the market share. E. the number of services available.
Because the only merchandise categories at the University Futon Shop are double-sized futons, the Futon Shop can be said to have no
A. product depth. B. variety. C. irregularity D. inventory control. E. need for customer service.
Recruiting and retaining capable employees does NOT entail
A. a large band of capable employees who are actively engaged in the process of making ongoing operating improvements. B. recruiting and retaining capable employees, which is usually much more important to good strategy execution and the achievement of true operating excellence than is assembling a capable top management team. C. adding to a company's talent base and building intellectual capital while foregoing investments in plants, equipment, and capital projects. D. recruiting and retaining capable employees, which is a particularly important organization-building task in enterprises where superior intellectual capital is a key resource and also a basis for competitive advantage. E. the quality of an organization's people, which is always an essential ingredient if critical value chain activities are to be performed competently.
Last year the Monroe Logistics Company reported 40,000 damaged deliveries, 18,000 deliveries to the wrong address, 15,000 late deliveries, 1,200 deliveries billed incorrectly, and 127,000 deliveries handled properly
Assuming no delivery had more than one error, Monroe's percent perfect order is: A) 37% B) 42% C) 58% D) 63%