Management, 13Th Edition
Management, 13Th Edition
13th Edition
ISBN: 9780133910292
Author: Stephen P. Robbins & Mary A. Coulter
Publisher: PEARSON
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Chapter 15, Problem 13DQ
Summary Introduction

To explain:

The ideology held about the culture of the organization together with justification as to whether it will suit other organizations and suggestions to make it so, if otherwise.

Introduction:

The organization mentioned in the case has been in the business for many years and is said to never have reported revenue losses. This success is due to the friendly culture maintained within the firm. It is being embraced by its employees as it is respectful and caring towards them. However, it is questionable as to whether the same culture will suit every other organization.

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1.    Discuss the elements of the mission and vision statements and their importance to new entrepreneurial ventures. 2.    Develop a mission and vision statement for a new technology venture. 3.    Include a corporate social responsibility (CSR) initiative in each statement.
Action innovations for entrepreneurial venture types include; Invention, Extension, Duplication, and Synthesis. What is an idea that you believe would qualify as a good entrepreneurial venture, identify the type of action innovation the idea is, and provide a product or service (or a revolutionary product or service) that would fit the type of innovation you have chosen to discuss as a possible venture. Financial planning company is the venture.
Consider the case of Nutrorim that you read in Module 1 from a culture, structure, and strategy perspective. Answer the following questions. Be sure to support your reasoning with evidence from the case and course concepts. What impact has the democratic culture had on the company’s ability to make good, effective, decisions? How do you think this culture evolved? Do you think the culture is still effective why/why not?
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