Exam 3: The Environment and Corporate Culture

List the four categories of culture and describe what kind of environments each fit best in.

Included in a(n) _____ environment are sectors that have a direct working relationships with the organization, among customers, competitors, suppliers, and the labor market.

_____ is a narrative based on true event that is repeated frequently and shared by organizational employees.

_____, _____, and _____ are three types of strategies that organizations can use to adapt to environmental changes.

When an organization pays little attention to cultural values and instead focuses on business results, success will be difficult to sustain in the long run.

Companies in Quadrant D put high emphasis on both culture and solid business performance as drivers of organizational success.

______ are organizations in the same industry that provide goods or services to the same set of customers.