MGT-2010 Chapter Notes - Chapter 8: Corporate Finance, Adhocracy, Organizational Culture

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Person-organization fit: reflects the extent to which your personality and values match the climate and culture in an organization. How an organization"s culture & structure are used to implement strategy. Managers must determine the right kind of (1) organizational culture and (2) organizational structure. Organizational culture: the shared assumptions that affect how work. Organizational culture (corporate culture): the set of shared, taken-for-granted implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to it various environments. Culture can vary considerably, with different organizations having differing emphases on risk taking, treatment of employees, teamwork, rules and regulations, conflict and criticism, and rewards. Organizational structure: who reports to whom & who. Organizational structure: a formal system of task and reporting relationships that coordinates and motivates an organization"s members so that they can work together to achieve the organization"s goals. 8. 2: what kind of organizational culture will you be.

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