QUIZ 2 EXAMINATION TEST 2026
QUESTIONS WITH SOLUTIONS
◉ Values Answer: are the beliefs and visions that members hold for an
organizational. Ex) 3M Corporation espouses a value for innovation,
whereas Prudential Insurance represents a value of stability
◉ Heroes Answer: are the individuals who come to exemplify an
organization's values. Ex) Bill Gates exemplifies entrepreneurship and
philanthropy through his work at Microsoft and the foundation he directs
with his wife
◉ Rites and Rituals Answer: are the ceremonies through which an
organization celebrates it values. An organization that values innovation
may develop a ritualistic way of rewarding the new ideas of employers
◉ Cultural network Answer: is the communication system through
which cultural values are instituted and reinforced. EX) the cultural
network could consists of both formal organizational channels, such as
newsletters, and the informal interactions of employees
◉ Peters and Waterman's "Excellent Culture" Answer: were attempting
to identify aspects of organizational culture that were prevalent in high
performing companies. They studies sixty-two organizations deemed
excellent cultures by employees and organizational experts. They then
identified "theme" that characterized the cultures of these organizational