Every year, 7 Days, a large retail chain, organizes a large annual function in which it gives an "Employee of the Year" award to a deserving employee, along with a $5,000 cash prize and an opportunity to launch the retail chain's new product. This is an example of which of the following components of organizational culture?

Question

Quizplus · Accepted Answer

Ceremonies are formal events, generally performed in front of an audience of organizational members. Some types of ceremonies revolve around celebrations for meeting quality goals, reaching a certain level of profitability, or launching a new product.

Every Year, 7 Days, a Large Retail Chain, Organizes a Large