To what extent does the synergy between an organization's cultural ethos and its strategic decisions serve as a determinant of the company's ultimate triumph or downfall?
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To what extent does the synergy between an organization's cultural ethos and its strategic decisions serve as a determinant of the company's ultimate triumph or downfall?
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- How are concepts and capabilities more impactful in changing the culture in most companies?why Hofstede's cultural dimension theory relevant to the business market today?How has pandemy affected the way we behave in organizations? Please write how the policies of companies have changed after pandemy?
- Describe an innovation in technology, business, or culture that had a major economic impact in your lifetime. What can be done to promote innovation and adaptability within the organisations?Why do demographic shifts and technological developments create both challenges and new opportunities for business? Can managers in business firms control the elements in the external environment, or do they simply have to react to changes that are beyond their control? Give examples that support your conclusion. Describe in general terms how each element of the external environment (economic, technological, socio-cultural, political-legal, global, and business) affects business firms.How can organizations effectively align their business policies with the ever-evolving technological landscape to ensure long-term competitiveness and adaptability?
- What is the role of business policy in shaping the long-term direction of an organization?How can managers build and maintain strong relationships with key stakeholders, such as customers, suppliers, and partners, to drive business success?What impact does the "graying of America" have on business in terms of their product or service offerings? What products and/or services might be negatively -or positively- affected by this demographic shift?
- Considering the COVID 19 pandemic and its impact on the general business environment, use the business model canvas to develop a new business that has higher chances of survival, growth and profitability: stating clearly your justifications.How does the political environment affect business operations and decision-making, and what are the implications of political instability and corruption for companies operating in different countries?Which cultural perspective (individualism or communitarian) would one most identify with and why? How does ones cultural perspective relate to what is seen as the appropriate role of government, and why?