Bus 101 ch 3 Exam questions with correct answers 2026/2027 Edition Graded A+ Organizational Culture - ANSWER Its important to establish a set of core values with input from employees and then refer to the values as guiding principles for both large a

BUS 1O1/102/202
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wiseman 2026/2027 BUSINESS

, Bus 101 ch 3 Exam questions with
correct answers 2026/2027 Edition
Graded A+

Organizational Culture - ANSWER ✅✅✅✅Its important to
establish a set of core values with input from employees and then
refer to the values as guiding principles for both large and small
decisions


Identify Core Values of Organization - ANSWER ✅✅✅✅-
recruiting and selecting promising employees who embrace those
values is critical
ex. Patagonia focuses its missions and messages on simplicity, utility
and supporting the environment
-the company hires rock climbers and surfers who embrace the same
core values, helping them to achieve company goals


Corporate Strategy - ANSWER ✅✅✅✅necessary so the
organization can achieve its missions and goals
-a corporate strategy defines the business, market, or industry in
which the organization will operate
-strategy also informs the allocation of resources among entities to
support the strategy