Explain the three perspectives of organizational culture that may enhance economic performance. Which perspective was found to provide the highest level of long-term financial performance?
What will be an ideal response?
Strength, fit, and adaptive culture may enhance economic performance.
The strength perspective assumes that the strength of a corporate culture is related to a firm's long-term financial performance.
The fit perspective assumes that an organization's culture must align, or fit, with its business or strategic context. A correct fit is expected to foster higher financial performance.
The adaptive perspective assumes that the most effective cultures help organizations anticipate and adapt to environmental changes.
An investigation of 207 companies from 22 industries during the years 1977-1988 partly supported the strength and fit perspectives. However, findings were completely consistent with the adaptive perspective. Long-term financial performance was highest for organizations with an adaptive culture.
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Indicate whether the statement is true or false
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a. $32.85 b. $43.20 c. $37.65 d. $26.45
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A) Tax deposits and filings B) Voluntary deduction receipt C) Tax withholding and matching D) Employee compensation and accountability
Your company wants to develop intelligent techniques to create a "smart" oven that can perfectly cook basic foodstuffs, such as roasts and bread, using sensors and minimal input from the user
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