Ready-Vet Ltd. has a performance-driven organizational culture. It is likely to have higher financial performance than its chief rival, Vet-Temp Ltd., which has an entitlement culture.

Question

Quizplus · Accepted Answer

Performance-driven cultures focus on setting and achieving goals and objectives, whereas entitlement cultures focus on rewards and benefits that employees feel they are entitled to. Performance-driven cultures have been shown to have a positive impact on financial performance, whereas entitlement cultures may lead to complacency and a lack of motivation to improve performance. Therefore, Ready-Vet Ltd. is likely to have higher financial performance than Vet-Temp Ltd. due to their respective organizational cultures.