UPDATED 2024 MGMT 301 100% VERIFIED SOLUTIONS

A company's ______ is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business. - ANSWER strategy What is the primary cause of failure for strategic initiatives? - ANSWER Improper execution The extent to which your personality and values match the climate and culture in an organization is referred to as person-______ fit. - ANSWER organization Which of these would be considered observable artifacts in an organization? (Choose every correct answer.) -Sales -Decorations -Rituals -Values -Awards - ANSWER -Decorations -Rituals -Awards Espoused values in an organization's culture represent the ______. - ANSWER explicitly stated values and norms the organization prefers In order to implement a particular organizational strategy, managers must determine the right kind of organizational: (Choose every correct answer.) -performance -structure -culture -demonstration - ANSWER -structure -culture Which factors must work in concert to produce successful strategic execution? (Choose every correct answer.) -Employee diversity -HR practices -Organizational culture -Organizational structure - ANSWER -HR practices -Organizational culture -Organizational structure What is the most accurate description of person-organization fit? - ANSWER A match between an individual's personality and values and those of the organization The readily apparent symbols and manifestations of an organization's culture are called its ______. - ANSWER observable artifacts Philosophies, beliefs, and norms that are explicitly stated by the organization reflect its ______ values. - ANSWER espoused In terms of organizational culture, a ______ is an artifact, act, quality, or event that conveys an organization's most important values to others. - ANSWER symbol A ______ is a narrative about the company's history that is repeated by an organization's members in order to emphasize a particular value. - ANSWER story In organizational culture, a hero is a(n) ______. - ANSWER person whose accomplishments embody the organization's values Match the dimensions of the competing values framework (CVF) with their descriptions. -Horizontal -Vertical - ANSWER -Horizontal: Expresses the extent to which the organization focuses its attention and efforts inward on internal dynamics and employees versus outward toward its external environment and customers -Vertical: Expresses the extent to which an organization prefers flexibility and discretion versus stability and control Symbols in organizational culture represent ______. - ANSWER objects or actions that convey an organization's most important values to others A ______ culture has an internal focus and values flexibility rather than stability and control. - ANSWER clan A(n) ______ culture values flexibility and has an external focus. - ANSWER adhocracy In organizational culture, a story is a(n) ______. - ANSWER narrative based on true events which is repeated in order to emphasize a particular value More positive organizational outcomes are associated with ______ cultures. - ANSWER market An organizational ______ is someone whose accomplishments embody the values of the organization and whose accomplishments are put forth to motivate other employees to do the right thing. - ANSWER hero Which are advantages of ensuring you have good potential fit with an organization before accepting a position? (Choose every correct answer.) -Fewer job responsibilities -Positive work attitude -Reduced intention to quit -Reduced work stress - ANSWER -Positive work attitude -Reduced intention to quit -Reduced work stress According to the competing values framework (CVF), organizational ______ varies along two dimensions. - ANSWER effectiveness Which are characteristics of clan culture? (Choose every correct answer.) -Emphasizes profits over employee development and satisfaction -Promotes a feeling of family -Structures work environment to aim at effectiveness and efficiency -Encourages collaboration among employees - ANSWER Promotes a feeling of family Encourages collaboration among employees Which description best fits the adhocracy organizational culture? - ANSWER Adaptable, creative, and quick to respond to marketplace changes Which of the following are outcomes associated with various types of organizational culture? (Choose every correct answer.) -Higher market share in adhocracy cultures -More positive organizational outcomes in market cultures -Stronger quality and innovation in hierarchy cultures -Higher customer satisfaction in clan and market cultures -Higher market share in clan and market cultures -Higher financial performance in market and hierarchy cultures - ANSWER -More positive organizational outcomes in market cultures -Higher customer satisfaction in clan and market cultures -Higher market share in clan and market cultures -Higher financial performance in market and hierarchy cultures Place the steps you would use to determine your person-organization fit prior to a job interview in order, with the first step at the top. Instructions -Create a list of your personal values, strengths, and weaknesses -Compare your values, strengths, and weaknesses to those of the organization, and prepare questions to ask a potential interviewer regarding P-O fit