Which of the following statements is true regarding effective organisational cultures?

Question

Quizplus · Accepted Answer

Organisational culture can be a source of competitive advantage because it shapes employee behaviour and the firm's conduct in the marketplace. It is important for strategic leaders to develop and maintain an effective organisational culture that aligns with the company's vision and strategy. Developing a strong corporate culture can take time and effort, but it can lead to increased employee satisfaction, productivity, and innovation. There is no need to change a corporate culture annually, but it should be reviewed periodically to ensure that it remains relevant and aligned with the company's goals.

Which of the Following Statements Is True Regarding Effective Organisational