In many firms,the management philosophy is supported by a series of organizational myths.

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Organizational myths refer to shared beliefs or stories within a company that help shape and reinforce its values and culture. These myths may include tales of a heroic founder, a company-wide commitment to quality, or a legendary salesperson, among others. These stories and beliefs can serve to motivate employees and align them with the company's goals and values, but they can also be used to perpetuate negative or harmful patterns of behavior. Therefore, it is true that many firms have management philosophies that are supported by a series of organizational myths.

In Many Firms,the Management Philosophy Is Supported by a Series