CH2-ICA- Vision, Culture, and Core Values

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Questions and Answers

What is the primary focus of Vision 2030 for the company?

  • Implementing cost-cutting measures in the Indian steel sector
  • Exploring new business opportunities in the technology sector
  • Expanding globally by acquiring smaller steel companies
  • Achieving a target of 50 million tonnes of hot metal production (correct)

How is organizational culture defined in the text?

  • As the financial performance of the company
  • As the physical infrastructure of the organization
  • As the legal regulations governing the organization
  • As the way of life of employees inside the organization (correct)

What is required for an organization to have a distinct culture?

  • Strict hierarchy with limited interaction
  • High turnover rate among employees
  • Frequent changes in policies and procedures
  • Uniformity in employee behavior in response to different situations (correct)

How does organization culture develop, according to the text?

<p>As a reflection of observed attitudes, values, and beliefs over time (C)</p> Signup and view all the answers

What is SAIL committed to inculcating among its employees?

<p>A culture of creativity, involvement, and innovativeness (D)</p> Signup and view all the answers

Why is it important for an organization to have a consistent behavior pattern among employees?

<p>To ensure a distinct and recognizable organizational culture (A)</p> Signup and view all the answers

How does the text describe cultural behavior within an organization?

<p>As an intrinsic part of employees' routine habits (C)</p> Signup and view all the answers

What does 'culture' refer to in the context of an organization?

<p>'Culture' represents the way of life followed by members in the organization (A)</p> Signup and view all the answers

What is SAIL committed to cultivating to ensure congruence between the existing culture and the requirements of the business environment?

<p>A customer-centric culture (A)</p> Signup and view all the answers

When did SAIL adopt its four Core Values?

<p>1995 (B)</p> Signup and view all the answers

What is the first priority of every employee at SAIL?

<p>Customer satisfaction (A)</p> Signup and view all the answers

What does SAIL believe will enable it to attain market leadership?

<p>Customer satisfaction (D)</p> Signup and view all the answers

What is SAIL's greatest asset?

<p>Its people (C)</p> Signup and view all the answers

What is the purpose of every job at SAIL?

<p>Customer satisfaction (A)</p> Signup and view all the answers

What is SAIL committed to making a meaningful difference in?

<p>The lives of its stakeholders (A)</p> Signup and view all the answers

What is the first step in SAIL's commitment to excellence?

<p>Defining and cultivating a desired culture (B)</p> Signup and view all the answers

What is the primary function of a vision in an organization?

<p>To define boundaries for action and set strategic direction (A)</p> Signup and view all the answers

How does the vision of an organization compare to a beacon?

<p>It guides the organization towards its goals (C)</p> Signup and view all the answers

What is the ultimate goal of SAIL's vision?

<p>To be a respected world-class corporation and leader in the Indian steel business (A)</p> Signup and view all the answers

What role does the customer play in the context of SAIL's vision?

<p>The customer provides context for all endeavors (B)</p> Signup and view all the answers

Where was SAIL's vision articulated?

<p>In a Directors' Workshop at Jodhpur (C)</p> Signup and view all the answers

What does the vision of SAIL take into account?

<p>The realities of the environment and the core concern of the organization (C)</p> Signup and view all the answers

What is the significance of culture in an organization?

<p>Culture influences the behavior of employees (C)</p> Signup and view all the answers

What is the relationship between core values and work culture?

<p>Core values shape the work culture (C)</p> Signup and view all the answers

What is the primary goal of SAIL?

<p>To achieve market leadership through customer satisfaction (D)</p> Signup and view all the answers

What does SAIL believe is essential for growth?

<p>Consistent profitability (B)</p> Signup and view all the answers

What does SAIL commit to harnessing the full potential of all resources through?

<p>Creativity and continuous improvements (D)</p> Signup and view all the answers

What should the behaviour of everyone at SAIL reflect?

<p>Priority to the Core Value of customer satisfaction (D)</p> Signup and view all the answers

What is a critical step for achieving market leadership through customer satisfaction?

<p>Establishing and nourishing behaviour that contributes to customer satisfaction (D)</p> Signup and view all the answers

What is the role of the Production Planning and Control (PPC) in relation to customer satisfaction?

<p>To start with quality and delivery commitment to the customer (C)</p> Signup and view all the answers

What is the belief of SAIL regarding the outcome of all its activities?

<p>The outcome should be consistent profitability (B)</p> Signup and view all the answers

What is the role of creativity, continuous improvements, and teamwork in achieving SAIL's goal?

<p>They are essential for making SAIL the best organization (B)</p> Signup and view all the answers

Which core value emphasizes the importance of optimal resource utilization?

<p>Consistent Profitability (C)</p> Signup and view all the answers

Which core value focuses on the health and safety of employees?

<p>Concern for People (C)</p> Signup and view all the answers

Which core value encourages continuous innovation?

<p>Consistent Profitability (D)</p> Signup and view all the answers

Which core value suggests that rated capacity should be a minimum benchmark?

<p>Commitment to Excellence (D)</p> Signup and view all the answers

Which core value encourages the evaluation of performance against potential?

<p>Commitment to Excellence (B)</p> Signup and view all the answers

Which core value emphasizes the importance of communicating core values through words and actions?

<p>Concern for People (A)</p> Signup and view all the answers

Which core value discourages behavioral deviations reflecting non-adherence to core values?

<p>Concern for People (C)</p> Signup and view all the answers

Which core value suggests that the quality of employees' worklife should always guide decisions and actions?

<p>Concern for People (B)</p> Signup and view all the answers

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