Define organizational culture and discuss its three primary implications

What will be an ideal response?

Answer: Organizational culture is the shared values, principles, traditions, and ways of doing things that influence the way organizational members act. In most organizations, these important shared values and practices have evolved over time and determine, in large degree, what employees perceive about their organizational experiences and how they behave in the organization. When doing their work, the organizational culture – the "way we do things around here" – influences what employees can do and how they view, define, analyze, and resolve problems and issues.
Our definition of culture implies three things. First, culture is a perception. Individuals perceive the organizational culture on the basis of what they see, hear, or experience within the organization. Second, even though individuals may have different backgrounds or work at different organizational levels, they tend to describe the organization's culture in similar terms. That's the shared aspect of culture. Finally, organizational culture is descriptive. It's concerned with how members perceive the organization, not with whether they like it. It describes rather than evaluates.

Business

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Urban, Inc provides the following data

Urban, Inc Comparative Balance Sheet Year Ended Dec. 31, 2017 Assets Current Assets: Cash and Cash Equivalents $29,000 Account Receivable, Net 31,000 Merchandise Inventory 53,000 Total Current Assets $113,000 Property, Plant, and Equipment, Net 120,000 Total Assets $233,000 Liabilities Current Liabilities: Accounts Payable $4,300 Notes Payable 2,900 Total Current Liabilities $7,200 Long-term Liabilities 84,000 Total Liabilities $91,200 Stockholders' Equity Common Stock $37,000 Retained Earnings 104,800 Total Stockholders' Equity $141,800 Total Liabilities and Stockholders' Equity $233,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) A) 0.39 B) 0.05 C) 1.24 D) 0.64

Business

By how much will the second marketing restriction be exceeded?

What will be an ideal response?

Business