Corporate culture is the system of shared values, beliefs and habits within an organization that interacts with formal structure to produce behavioural norms. Culture gives people a sense of how to behave and what they ought to be doing. Organization culture is composed of such factors as friendliness, supportiveness and risk taking. Such perceptions are gradually formed for each individual over a period of time as the person performs assigned activities under the general guidance of a superior and a set of organizational policies.
Culture has an impact on the employees’ degree of satisfaction with the job, as well as the level and quality of their performance. The assessment of how good or poor the culture is may differ for each employee. One person may perceive the environment as good while another may see it as bad. An employee may leave an organization with the hope of finding a more compatible culture.
Kavungya answered the question on April 29, 2021 at 19:10
-
Informal groups exist in organizations to cater for interests and needs of workers. State and explain the merits and demerits of informal groups to a...
(Solved)
Informal groups exist in organizations to cater for interests and needs of workers. State and explain the merits and demerits of informal groups to a business organization?
Date posted:
April 29, 2021
.
Answers (1)
-
What is the importance of the product life cycle for business planning and budgeting?
(Solved)
What is the importance of the product life cycle for business planning and budgeting?
Date posted:
April 29, 2021
.
Answers (1)
-
Explain why the formulation of strategy in a non-profit organization may be different from a
profit making organization.
(Solved)
Explain why the formulation of strategy in a non-profit organization may be different from a
profit making organization.
Date posted:
April 29, 2021
.
Answers (1)
-
The production process is one by which goods and services are brought into existence. Write a brief account of the planning and operating decisions and...
(Solved)
The production process is one by which goods and services are brought into existence. Write a brief account of the planning and operating decisions and activities, which the production manager is likely to encounter.
Date posted:
April 29, 2021
.
Answers (1)
-
What factors determine the optimum span of management and the number of levels of management in an organization?
(Solved)
What factors determine the optimum span of management and the number of levels of management in an organization?
Date posted:
April 29, 2021
.
Answers (1)
-
Define span of management.
(Solved)
Define span of management.
Date posted:
April 29, 2021
.
Answers (1)
-
“The nature of strategic management differs according to the type of organizations.”
Discuss this statement with respect to the following types of organizations:
(a) Public sector organizations....
(Solved)
“The nature of strategic management differs according to the type of organizations.”
Discuss this statement with respect to the following types of organizations:
(a) Public sector organizations.
(b) Non-profit organizations.
Date posted:
April 29, 2021
.
Answers (1)
-
Describe the marketing strategies a firm should adopt in the different stages of a product’s life cycle.
(Solved)
Describe the marketing strategies a firm should adopt in the different stages of a product’s life cycle.
Date posted:
April 29, 2021
.
Answers (1)
-
Identify and explain the characteristics of an effective management information system.
(Solved)
Identify and explain the characteristics of an effective management information system.
Date posted:
April 29, 2021
.
Answers (1)
-
Explain the factors that are considered in the design of an organization structure.
(Solved)
Explain the factors that are considered in the design of an organization structure.
Date posted:
April 29, 2021
.
Answers (1)
-
“Outsourcing some of an organization’s operations could lead to increased productivity.” Discuss.
(Solved)
“Outsourcing some of an organization’s operations could lead to increased productivity.” Discuss.
Date posted:
April 29, 2021
.
Answers (1)
-
Briefly explain the key requirements for successful project management.
(Solved)
Briefly explain the key requirements for successful project management.
Date posted:
April 29, 2021
.
Answers (1)
-
Benchmarking can provide a company with a continuous and competitive advantage if it is used effectively.
(i) Describe the various types of benchmarking.
(ii) Highlight the advantages...
(Solved)
Benchmarking can provide a company with a continuous and competitive advantage if it is used effectively.
(i) Describe the various types of benchmarking.
(ii) Highlight the advantages of benchmarking.
Date posted:
April 29, 2021
.
Answers (1)
-
The success of a business plan depends as much on the clarity and realization of the thought behind it as on how it is expressed...
(Solved)
The success of a business plan depends as much on the clarity and realization of the thought behind it as on how it is expressed and put together.
List and explain the sequential framework for compiling a business plan.
Date posted:
April 29, 2021
.
Answers (1)
-
The training programme for the first year graduate management trainees of PQR Bank Ltd., a major commercial bank with a country wide branch network, consists...
(Solved)
The training programme for the first year graduate management trainees of PQR Bank Ltd., a major commercial bank with a country wide branch network, consists of classroom training and on -the-job training. The objectives of the training are to ensure that new staff members learn fundamental concepts in banking and develop technical, analytical and communication skills that when combined with further experience and training, will help them achieve maximum potential in the organization.
Classroom training is used to introduce concepts and theories applicable to the work environment. Although new management trainees receive this special training, actual work experience is the principal means by which they develop the skills necessary to become good bank managers.
Managers in different departments and branches of the bank are responsible for on-the-job training. They assign duties to the trainees and review their progress. Owing to the fact that managers are on performance contracts, their attention is usually not focused on the work being done by the trainees. The managers therefore, assign routine to the trainees with little or no through to furthering the career development of these employees. This has resulted in minimal preparation of the trainees for the learning the job.
Recently, the bank has lost several capable first year management trainees. The reason most of them gave for leaving was that they were not learning or advancing in their careers.
Required:
(a) Explain the limitations of on-the-job training offered by PQR Bank Ltd.
(b) Describe the measures that PQR Bank Ltd. should put in place in order to reduce the high turnover of the management trainees.
Date posted:
April 29, 2021
.
Answers (1)
-
Outline the activities that are included in a public relations programme of an organization.
(Solved)
Outline the activities that are included in a public relations programme of an organization.
Date posted:
April 29, 2021
.
Answers (1)
-
Explain the importance of public relations to an organization.
(Solved)
Explain the importance of public relations to an organization.
Date posted:
April 29, 2021
.
Answers (1)
-
Explain the three levels of strategy and the characteristics of strategic management decisions at each level.
(Solved)
Explain the three levels of strategy and the characteristics of strategic management decisions at each level.
Date posted:
April 29, 2021
.
Answers (1)
-
Discuss the barriers to effective decision making in an organization and suggest ways in which management can overcome such barriers.
(Solved)
Discuss the barriers to effective decision making in an organization and suggest ways in which management can overcome such barriers.
Date posted:
April 29, 2021
.
Answers (1)
-
“Procurement is an important aspect of production management.”
Explain how an efficient procurement policy benefits an organization.
(Solved)
“Procurement is an important aspect of production management.”
Explain how an efficient procurement policy benefits an organization.
Date posted:
April 29, 2021
.
Answers (1)