A company's corporate culture is best defined and identified by

the character of a company's internal work climate and personality—as shaped by the company's core values, business principles, traditions, ingrained behaviors of "how we do things around here," and style of operating

A company's culture is typically grounded in and shaped by

its core values and the bar it sets for ethical standards.

Frequently, a significant part of a company's culture is captured in

the stories that get told over and over again to illustrate to newcomers the importance of certain values and the depth of commitment that various company personnel have displayed.

The hallmark of a strong-culture company is

the dominating presence of certain deeply-rooted values and operating approaches that "regulate" the conduct of a company's business and the climate of its workplace.

The hallmark of an adaptive corporate culture is

willingness on the part of organizational members to accept change and take on the challenge of introducing and executing new strategies.

What defines an insular, inwardly focused culture?

The firm believes they have all the answers because of their past great market success and is thus, overconfident.

When is a subculture MOST problematic?

When multiple subcultures have embraced conflicting business philosophies which are inconsistent with superior strategy execution.

Changing a problem culture:

is one of the toughest managerial tasks because of the heavy anchor of ingrained behaviors and ways of doing things.

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MAN4900F

Ch 12

Question	Answer
A company's corporate culture is best defined and identified by	the character of a company's internal work climate and personality—as shaped by the company's core values, business principles, traditions, ingrained behaviors of "how we do things around here," and style of operating
The character of a company's corporate culture is a product of	All of these
A company's culture is typically grounded in and shaped by	its core values and the bar it sets for ethical standards.
Frequently, a significant part of a company's culture is captured in	the stories that get told over and over again to illustrate to newcomers the importance of certain values and the depth of commitment that various company personnel have displayed.
The hallmark of a strong-culture company is	the dominating presence of certain deeply-rooted values and operating approaches that "regulate" the conduct of a company's business and the climate of its workplace.
The hallmark of an adaptive corporate culture is	willingness on the part of organizational members to accept change and take on the challenge of introducing and executing new strategies.
What defines an insular, inwardly focused culture?	The firm believes they have all the answers because of their past great market success and is thus, overconfident.
What defines an unethical and greed-driven culture?	All of these
When is a subculture MOST problematic?	When multiple subcultures have embraced conflicting business philosophies which are inconsistent with superior strategy execution.
Changing a problem culture:	is one of the toughest managerial tasks because of the heavy anchor of ingrained behaviors and ways of doing things.

Created by: 165714117159216

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