business quiz 2 Flashcards
(60 cards)
What is organizational culture?
Shared values, beliefs, and behaviors that shape how employees interact and work within a company.
What characterizes a Power Culture?
Central control by a single leader or small group, quick decision-making, and limited authority sharing.
What are the strengths of a Power Culture?
- Fast decision-making
- Strong leadership
- Clear direction
What are the weaknesses of a Power Culture?
- Favoritism
- Lack of employee empowerment
- Resistance to change
What is an example of a Power Culture?
A traditional law firm where the senior partner makes key decisions with little input from junior employees.
What defines a Role Culture?
Bureaucratic structure with clearly defined roles and responsibilities; power based on position.
What are the strengths of a Role Culture?
- Stability
- Predictability
- Efficiency in large organizations
What are the weaknesses of a Role Culture?
- Inflexibility
- Slow adaptation to change
- Hinder innovation
What is an example of a Role Culture?
Government agencies or large corporations like banks, where strict policies are followed.
What characterizes a Task Culture?
Focus on teamwork and problem-solving with teams formed based on expertise.
What are the strengths of a Task Culture?
- Adaptability
- High engagement
- Effectiveness in dynamic environments
What are the weaknesses of a Task Culture?
- Potential for conflict if roles are unclear
What is an example of a Task Culture?
A tech startup where employees work in cross-functional teams to develop software.
What defines a Person Culture?
Prioritizes individuals over the organization; employees are highly skilled and work independently.
What are the strengths of a Person Culture?
- Employee satisfaction
- Autonomy
- Motivation
What are the weaknesses of a Person Culture?
- Lack of organizational unity
- Difficulty in decision-making
- Potential for conflict
What is an example of a Person Culture?
A university department where professors prioritize their research over institutional goals.
What characterizes an Entrepreneurial Culture?
Encourages risk-taking, innovation, and flexibility, common in startups.
What are the strengths of an Entrepreneurial Culture?
- Encourages creativity
- Rapid growth
- Adaptability
What are the weaknesses of an Entrepreneurial Culture?
- Can be chaotic
- Lack of stability
- Potential for burnout
What is an example of an Entrepreneurial Culture?
A Silicon Valley startup that evolves its product offerings and market strategies.
What is Hofstede’s framework?
Analyzes how cultural differences influence business practices and leadership styles.
What does Power Distance measure?
How much subordinates accept unequal power distribution.
What characterizes high power distance cultures?
- Strong hierarchy
- Authority is respected
- Centralized decision-making