Organizational culture can have a significant impact on a firm's long-term economic performance.

Question

Quizplus · Accepted Answer

Organizational culture can affect employee behavior, customer satisfaction, innovation, and overall business strategy, all of which can impact a company's financial performance in the long-term. A strong culture that aligns with a company's goals and values can lead to increased productivity, efficiency, and profitability. On the other hand, a toxic culture can lead to high turnover rates, low morale, and a negative reputation, all of which can harm a company's bottom line.

Organizational Culture Can Have a Significant Impact on a Firm's