In order to be more profitable by increasing sales,Thrifty Bank has an external focus,concentrating on strategic planning,risk taking,and flexibility over stability.This is an example of a hierarchy culture.

Question

Quizplus · Accepted Answer

Hierarchy culture has an internal focus and values stability and control over flexibility.Companies with this kind of culture are apt to have a formalized,structured work environment aimed at achieving effectiveness through a variety of control mechanisms that measure efficiency,timeliness,and reliability in the creation and delivery of products.

In Order to Be More Profitable by Increasing Sales,Thrifty Bank