How does a strong organizational culture build competitive advantage?
What will be an ideal response?
Strong organizational cultures that are strategically relevant align employees' behaviors more fully with the organization's strategic goals. In doing so, they better coordinate work efforts, and they make cooperation more effective. They also strengthen employee commitment, engagement, and effort. Effective alignment in turn allows the organization to develop and refine its core competencies, which can form the basis for competitive advantage.
You might also like to view...
The direct write-off method of determining bad debt expense is subjective and can be manipulated by management
a. True b. False Indicate whether the statement is true or false
Which of the following is the definition of a combination journal?
a. A journal set up exclusively for service businesses; b. A journal that combines two different accounting systems; c. A journal with both special and general columns; d. A journal with financial reporting work sheets combined with the journal entry process; e. A journal for a business that combines retail and service activities
The background for the QuickRelief allergy medication ad appearing in the magazine Better Homes and Gardens shows green grass and lovely flowers. The headline states "QuickRelief is 54% more effective than the leading prescription"
At the bottom of the ad, in small print, is an explanation of how the effectiveness of QuickRelief was determined. The ad also shows a package of QuickRelief so consumers can easily recognize it at the store. Identify the different components of the communication model for this advertisement.
A capital expenditure is an expenditure that benefits only the current accounting period
Indicate whether the statement is true or false