MGMT 449 CHAPTER 12 (Done) Exam
Questions With 100% Correct Answers
2024/2025
1. A company's corporate culture is BEST defined and identified by:
A. the integration of the strategy and business model that a company has adopted.
B. the company's shared values, ingrained attitudes, core beliefs and company traditions that
determine norms of behavior, accepted work practices of "how we do things around here," and styles
of operating.
C. its ingrained statement of core values and its internal code of ethics.
D. its internal politics that influence the dedication to ethical conduct and accepted work practices.
E. the formal traditions that company executives are committed to maintaining to ensure the
company strategy-supportive culture is change resistant.
B
2. The character of a company's corporate culture is a product of all of the following EXCEPT:
A. the shared values and core business principles and beliefs that management preaches and
practices.
B. its standards of what is ethically acceptable and what is not and the stories that get told over and
over to illustrate and reinforce the company's shared values, business practices, and traditions.
C. the company's approach to people management and the "chemistry" and "personality" that
permeates its work environment.
D. the work practices and behaviors that define "how we do things around here."
E. its lack of mechanisms for aligning, constraining, and regulating the actions, decisions, and
behaviors of company personnel.
E
3. Which of the following is NOT a fundamental part of a company's culture?
A. The work practices and behaviors that define "how we do things around here"
B. The company's standard of what is ethically acceptable and what is not, along with the "chemistry"
and "personality" that permeates its work environment
C. The core values and business principles that management preaches and practices
D. The company's strategic vision, strategic intent, and culture strategy
E. The legends and stories that people repeat to illustrate and reinforce the company's core values,
traditions, and business practices
D
,4. A company's culture is in part defined and identified by:
A. its internal work climate and personality—as shaped by its shared values, work practices,
traditions, and ingrained attitudes and behaviors that define "how we do things around here."
B. whether it employs a low-cost provider, best-cost provider, differentiation, or focused strategy.
C. whether decision making is centralized or decentralized and whether it is a single-business
company or a diversified company.
D. how strongly its strategic vision is linked to its core values.
E. whether it is a well-known industry leader, an up-and-coming company that is gaining market
share, a middle-of-the-pack company unlikely to move up in the industry ranks, or an industry also-
ran that may or may not survive.
A
5. A company's culture is NOT manifested in which of the following?
A. Its approaches to people management and problem-solving and in the "chemistry" and
"personality" that permeates the work environment
B. Its revered traditions and the stories that get told over and over to illustrate the importance of
certain values
C. Its acceptance of the peer pressures that exist to do things in particular ways and conform to
expected norms
D. Its approach to people management and its official policies, procedures, and operating practices
that paint the white lines for the behavior of company personnel
E. Its strategic vision, strategic intent, and strategy
E
6. Which of the following is NOT something to look for in identifying a company's culture?
A. The company's defined spirit and character that pervades the work climate
B. The company's resource strengths, core competencies, and competitive capabilities
C. The company's revered traditions and oft-repeated stories about "heroic acts" and "how we do
things around here"
D. The company's approach to people management and the official policies, procedures, and
operating practices that paint the white lines for the behavior of company personnel
E. The company's shared values, business principles, and ethical standards that management
preaches and practices
B
, 7. Which of the following is something to look for in identifying a company's culture?
A. The atmosphere, spirit and character that pervades the work climate and the values, business
principles, and ethical standards that management preaches and practices
B. The track record in meeting or beating its financial and strategic performance targets
C. The intensity and makeup of the company's value chain
D. The strategic intent and competitive strategy inherent within the company's efforts for successful
strategy execution
E. The resource strengths, core competencies, and competitive capabilities that permeate the
organization
A
8. A company's culture is typically grounded in and shaped by:
A. its core competencies and competitive capabilities.
B. its long-term strategic success or lack thereof.
C. the degree to which top management is committed to achieving market leadership.
D. its core values and the bar it sets for ethical standards.
E. its strategic intent and its reward system.
D
9. A company's value statement and code of ethics:
A. help to mold the culture and communicate what kinds of actions and behaviors are expected of all
company personnel.
B. help prevent it from coming across to customers and the general public as greedy.
C. serve the valuable purpose of making its suppliers hesitant to engage in business practices that are
unethical.
D. are the most important factors determining its reputation with customers, suppliers, employees,
shareholders, and society at large.
E. should always be made a prominent and visible part of the company's strategic intent and strategy.
A
10. At companies where executives believe in the merits of practicing the values and ethical principles
that have been espoused, the:
A. executives have usually personally written the statement of core values and the code of ethics.
Questions With 100% Correct Answers
2024/2025
1. A company's corporate culture is BEST defined and identified by:
A. the integration of the strategy and business model that a company has adopted.
B. the company's shared values, ingrained attitudes, core beliefs and company traditions that
determine norms of behavior, accepted work practices of "how we do things around here," and styles
of operating.
C. its ingrained statement of core values and its internal code of ethics.
D. its internal politics that influence the dedication to ethical conduct and accepted work practices.
E. the formal traditions that company executives are committed to maintaining to ensure the
company strategy-supportive culture is change resistant.
B
2. The character of a company's corporate culture is a product of all of the following EXCEPT:
A. the shared values and core business principles and beliefs that management preaches and
practices.
B. its standards of what is ethically acceptable and what is not and the stories that get told over and
over to illustrate and reinforce the company's shared values, business practices, and traditions.
C. the company's approach to people management and the "chemistry" and "personality" that
permeates its work environment.
D. the work practices and behaviors that define "how we do things around here."
E. its lack of mechanisms for aligning, constraining, and regulating the actions, decisions, and
behaviors of company personnel.
E
3. Which of the following is NOT a fundamental part of a company's culture?
A. The work practices and behaviors that define "how we do things around here"
B. The company's standard of what is ethically acceptable and what is not, along with the "chemistry"
and "personality" that permeates its work environment
C. The core values and business principles that management preaches and practices
D. The company's strategic vision, strategic intent, and culture strategy
E. The legends and stories that people repeat to illustrate and reinforce the company's core values,
traditions, and business practices
D
,4. A company's culture is in part defined and identified by:
A. its internal work climate and personality—as shaped by its shared values, work practices,
traditions, and ingrained attitudes and behaviors that define "how we do things around here."
B. whether it employs a low-cost provider, best-cost provider, differentiation, or focused strategy.
C. whether decision making is centralized or decentralized and whether it is a single-business
company or a diversified company.
D. how strongly its strategic vision is linked to its core values.
E. whether it is a well-known industry leader, an up-and-coming company that is gaining market
share, a middle-of-the-pack company unlikely to move up in the industry ranks, or an industry also-
ran that may or may not survive.
A
5. A company's culture is NOT manifested in which of the following?
A. Its approaches to people management and problem-solving and in the "chemistry" and
"personality" that permeates the work environment
B. Its revered traditions and the stories that get told over and over to illustrate the importance of
certain values
C. Its acceptance of the peer pressures that exist to do things in particular ways and conform to
expected norms
D. Its approach to people management and its official policies, procedures, and operating practices
that paint the white lines for the behavior of company personnel
E. Its strategic vision, strategic intent, and strategy
E
6. Which of the following is NOT something to look for in identifying a company's culture?
A. The company's defined spirit and character that pervades the work climate
B. The company's resource strengths, core competencies, and competitive capabilities
C. The company's revered traditions and oft-repeated stories about "heroic acts" and "how we do
things around here"
D. The company's approach to people management and the official policies, procedures, and
operating practices that paint the white lines for the behavior of company personnel
E. The company's shared values, business principles, and ethical standards that management
preaches and practices
B
, 7. Which of the following is something to look for in identifying a company's culture?
A. The atmosphere, spirit and character that pervades the work climate and the values, business
principles, and ethical standards that management preaches and practices
B. The track record in meeting or beating its financial and strategic performance targets
C. The intensity and makeup of the company's value chain
D. The strategic intent and competitive strategy inherent within the company's efforts for successful
strategy execution
E. The resource strengths, core competencies, and competitive capabilities that permeate the
organization
A
8. A company's culture is typically grounded in and shaped by:
A. its core competencies and competitive capabilities.
B. its long-term strategic success or lack thereof.
C. the degree to which top management is committed to achieving market leadership.
D. its core values and the bar it sets for ethical standards.
E. its strategic intent and its reward system.
D
9. A company's value statement and code of ethics:
A. help to mold the culture and communicate what kinds of actions and behaviors are expected of all
company personnel.
B. help prevent it from coming across to customers and the general public as greedy.
C. serve the valuable purpose of making its suppliers hesitant to engage in business practices that are
unethical.
D. are the most important factors determining its reputation with customers, suppliers, employees,
shareholders, and society at large.
E. should always be made a prominent and visible part of the company's strategic intent and strategy.
A
10. At companies where executives believe in the merits of practicing the values and ethical principles
that have been espoused, the:
A. executives have usually personally written the statement of core values and the code of ethics.
