Hatch and Schultz (2001) argue that expressive organizations align three major organizational features: vision (strategy), culture (employees), and image (brand) by analyzing the three possible gaps between them. One gap is the image-culture gap which refers to _______________.
a. Management develop a vision not shared by employees, and which alienates or separates employees from the strategy of the organization
b. Employees behave in ways that are inconsistent with the organizations espoused image
c. There is conflict between the organizations vision and how the organization is being perceived in its own environment
d. The image of the organization is stronger than its culture and so people behave more consistent with the image than the culture
b. Employees behave in ways that are inconsistent with the organizations espoused image
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The Calvin-Dogwood Partnership owns inventory that was purchased for $90,000, has a current replacement cost of $85,900, and is priced to sell for $125,000 . At what amount should the inventory be recorded in the accounts of the new partnership if Alexis is to be admitted?
a. $129,100 b. $85,900 c. $90,000 d. $125,000
Direct cause-and-effect relationships between revenues and expenses can usually be demonstrated
Indicate whether the statement is true or false
Use the information in Table 5.1. Using the bottleneck method, what is the profit if the company manufactures the optimal product mix (consider variable costs only–overhead is not included in this profit calculation)?
A) less than or equal to $8,100 B) greater than $8,100 but less than or equal to $8,300 C) greater than $8,300 but less than or equal to $8,500 D) greater than $8,500
Franklin Framing Inc. has twenty years remaining on $1,000 par value semiannual coupon bonds paying semiannual coupons of $40. If the yield to maturity on these bonds is 6% per year, what is the current price?
What will be an ideal response?