C. improve the performance of people. D. improve the quality of overall work life. 4) Which of the following statements about the management of organizational culture is NOT correct? A. dictate rules from the top of the organization. B. corporate culture can be managed by directly modifying the observable culture, shared values, and common assumptions that deal with issues of external adaptation.
CHAPTER 2 QUIZ 1 | Which of the following best describes a company that follows the inherence theory of social responsibility? | a. | Managers are responsible to shareholders, but serve them best by being responsible to larger society. | | | b. | Managers answer only to shareholders and act only with shareholders interests in mind.
ECO 561 FINAL Exam Introduction The ECO 561 final exam is throws light on some of the most basic concepts of the business world. The paper is designed to make the students aware about the core of business operations and the various challenges it is accompanied with. Establishing a business is not a one-step activity. It involves a series of carefully followed steps to result in the formation of a successful business plan. The ECO 561 business proposal focuses mainly on making the students understand that business proposal refers to identifying and understanding the needs of the customers and the market even before the product is manufactured.
A Mission statement is defined by Peter and Donnelly in their Marketing Management textbook as, the statement or purpose, of an organization as the description of its reason for existence. “It is the long-run version of what the organization strives to be, the unique aim that differentiates the organization from similar ones, and the means by which this differentiation will take place” (p8). Many organizations can share similar mission statements. Indeed, it is a safe assumption to say that every organization intends to maximize the customer experience through a professional climate and quality performance. This generic phrasing, however, does not aid in the differentiation.
A. good managers are able to help build resilient cultures in situations where the features of strong cultures are absent. B. corporate culture can be managed by directly modifying the observable culture, shared values, and common assumptions that deal with issues of external adaptation. C. corporate culture can be managed by using organizational development techniques to modify specific elements of the culture that address both external adaptation and internal integration. D. dictate rules from the top of the organization. (correct answer) Objective: Analyze internal and external forces impacting organizational behavior.
COSO Plan Adoption Law/531 May 21st, 2012 Elizabeth Harrison COSO Plan Adoption Identifying and minimizing risk is essential for an organization to succeed. During the planning process an organization should adopt a structure for its corporate compliance plans to identify and minimize risk. Organizations can create their own plans or rely on organizations that specialize in enterprise risk management. The Committee of Sponsoring Organization of the Treadway Commission (COSO) is an example of an organization that offers structures of enterprise management. The purpose of this paper is to review and identify the most powerful recommendations from COSO and summarize the benefits of adopting the COSO structure as a corporate compliance
BUSN 427 Global Issues in Business Complete Course Material http://www.homeworkwarehouse.com/downloads/busn-427-global-issues-in-business-complete-course-material/ BUSN 427 Global Issues in Business Complete Course Material Week 1 DQ 1 Although the lowering of trade barriers made the globalization of markets and production a theoretical possibility, technological change made it a tangible reality. How have changes in technology contributed to the globalization of markets and of production? Would the globalization of production and markets have been possible without these technological changes? How does technology create global opportunity? Week 1 DQ 2 A democratic political system is an essential condition for sustained economic progress.
Pro forma financial information is generally used to illustrate the effects of transactions such as business combination, and change in capitalization. There are countless reasons on why companies use pro forma statement in their business, the most significant is the planning and control received when using pro forma. The process of using pro forma statements are less time consuming, they help businesses evaluate and make a better distinction between business plans (Scarborough, Wilson, & Zimmerer, 2009, p. 196). Pro forma statements are an excellent outlet for resources that will help a business forecast expected earnings should the company chose to merge with another company or even if the company wanted to sell off part of it operations (Scarborough, Wilson, & Zimmerer, 2009, p. 196). The pro forma statements are commonly used when applying for a business loan.
Therefore, in my humble opinion some procedure or manual typically will not work; a healthy, productive, happy culture is created and changed through an open communication. Organizational managers and/or leaders visible action reinforces the communication and builds upon, or challenges the current cultural norms and beliefs. It is my belief that the concept of social construction of organization culture is imperative for organizational managers and/or leaders. The problem is, even though it offers them an opportunity, it also poses challenges. The opportunity is if you change negative conversations to positive, you can change the culture for the better.
Assignment 1 “The American Red Cross (ARC)” 1. Determine the impact of this even on ARC’s “benefits of business ethics” (employee commitment, investor loyalty, customer satisfaction, and bottom line). “Business ethics relates to rules, standards, and moral principles regarding what is right or wrong in specific situations. Business ethics comprises values, and standards that guide behavior in the world of business.” (Ferrell and Fraedrich 2011 page 7). Creating dependable leaders should always be a part of business education, but it seems over time it has become more of incident by result than by vital content.