Question

The components of a successful organization are organizational learning, business process improvement,    and. 1. profitability;...

The components of a successful organization are organizational learning, business process improvement,

   and.

1. profitability; organizational culture

2. profitability; customer satisfaction

3. customer satisfaction; financial strength

4. goal congruence; managerial effort

Homework Answers

Answer #1

Option 3 is the right answer

The components of a successful organization are organizational learning, business process improvement,goal congruence and managerial effirort.

Organizational learning is the organization’s process of gaining knowledge related to its function and using that knowledge to adapt to a changing environment and increase efficiency.

Goal congruence is the term which describes the situation when the goals of different interest groups coincide.The organization should be able to satisfy the interest of various group of people in the oranganisation.

Managerial effort refers to the effort of the management to fulfil the predetermined goals and objectives of the organisation with various strategies.

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