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External Environment Factors and Economic Inequality Quiz

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External Environment Factors and Economic Inequality Quiz

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Questions and Answers

What is the importance of organizational culture?

It has no impact on the behavior of employees

It is not shared among the employees

It doesn't affect managerial decisions

It influences the way an organization's members act (correct)

What can strong cultures do within an organization?

Substitute for formal rules and regulations (correct)

Encourage unpredictability

Diminish orderliness

Create chaos and inconsistency

How are strong cultures defined?

Cultures with constantly changing values

Cultures with superficial values

Cultures where key values are deeply held and widely shared (correct)

Cultures without any traditions

What percentage of executives have not identified or communicated an organizational culture?

10% Signup and view all the answers

How do company values affect managers' behavior?

"Ready-aim-fire" approach in decision-making Signup and view all the answers

What aspect of organizational culture can create orderliness and consistency?

Key deeply held and widely shared values Signup and view all the answers

What is the main focus of the external environment affecting managers?

Managing stakeholder relationships Signup and view all the answers

How does the sharing economy concept impact the external environment?

Allows asset owners to share physical assets for a fee Signup and view all the answers

Which generation is NOT mentioned as one of the age cohorts in the text?

Gen A Signup and view all the answers

How do external environment factors affect organizations?

They can influence an organization's performance Signup and view all the answers

In what state is U.S. employment according to the text?

Upward trend Signup and view all the answers

What percentage of adults consider economic inequality as 'not a problem at all' based on the Harris Interactive Poll mentioned?

10 percent Signup and view all the answers