Define and discuss the existence of subcultures and countercultures within an organization. Discuss the advantages and disadvantages of a counterculture.
What will be an ideal response?
In some cases, the culture of an organization is not really strong or weak. Instead, there might be subcultures that unite a smaller subset of the organization's employees. These subgroups may be created because there is a strong leader in one area of the company that engenders different norms and values or because different divisions in a company act independently and create their own cultures. However, when a subculture's values don't match those of the larger organization, we call them countercultures. Countercultures can sometimes serve a useful purpose by challenging the values of the overall organization or signifying the need for change. In extreme cases however, countercultures can split the organization's culture right down the middle, resulting in the differentiated culture
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Demonstrating ________ will most likely help a company to achieve its business objectives
A) a large promotional budget plus awards for creative advertising B) good corporate governance and transparency C) brief public communication and limited interaction with the media D) an ability to pull off successful publicity stunts and media events E) synergy and cooperation between public relations and legal staff
To prevent pressures on the financial resources created by growth, the venture should avoid resource slack.
Answer the following statement true (T) or false (F)
Employees will be able to obtain a proportionately high level of profits they generate (relative to the firm) if
A. suppliers are loyal to the firm. B. the firm's resources are path dependent. C. their expertise is firm-specific. D. the cost to the firm of replacing them is high.
One of the reasons it is said that only the investment banker wins when a company is acquired is that they
A. assure the newly acquired company will be successful. B. collect huge up-front fees regardless of the outcome afterwards. C. continue to work with the two companies involved. D. monitor the progress of both companies for long term growth.