Describe the impact of corporate culture on strategic management. Then, explain how by fostering a culture that promotes strategic thinking, innovation, collaboration, and ethical behavior, organizations can enhance their ability to manage strategy effectively, adapt to changing environments, and achieve sustainable competitive advantage. For example, explain how ethics, diversity, and moral standards affect long-term business strategies and growth?

Answer rating: 100% (QA)

Corporate culture plays a significant role in shaping an organizations approach to strategic management The values beliefs norms and behaviors that characterize a companys culture influence how strate... View the full answer