Discuss the characteristics of organizations with strong cultures
What will be an ideal response?
Organizations with strong cultures are characterized by a clear philosophy about how business is to be conducted, considerable time spent on communicating values and beliefs, explicit statements made that describe the organization's values, a set of values/norms that are shared widely and rooted deeply, and careful screening of new employees to ensure that they fit the culture.
Strong organizational cultures are likely to be found in newer organizations that have fewer employees. Perhaps, as organizations grow, the effects of culture become diffused. In addition, organizations are more successful financially when their leaders hold views that are in keeping with the organizational culture than when the views of leaders are at odds with the prevailing culture. Together, these findings suggest that strong cultures shape the preferences and actions of people in the organizations that have them.
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If shareholders are granted a preemptive right they will:
A. be given the choice of receiving dividends either in cash or in additional shares of stock. B. be paid dividends prior to the preferred shareholders during the preemptive period. C. be entitled to two votes per share of stock. D. be able to choose the timing and amount of any future dividends. E. have priority in the purchase of any newly issued shares.
The configuration derived from preference data is very similar to that obtained from similarity data
Indicate whether the statement is true or false