Question

Organizational culture refers to the core values shared by the firm's top-level managers but not necessarily accepted by lower-level employees who are often transitory and not committed to the organization.True/False

Answer 1

False. Organizational culture refers to the shared beliefs, values, and practices of a group within an organization.

Step-by-step explanation:

False.

Organizational culture refers to the shared beliefs, values, and practices of a group within an organization. It encompasses the core values and principles that guide how an organization operates and makes decisions. While top-level managers play a crucial role in shaping the organizational culture, it is not limited to them. Employees at all levels can contribute to and be influenced by the organizational culture.