Solution:Culture type McGregor’s theory (theory X / theory Y) Explanation 1. Role culture Theory X Based on stability, certainty and defined structures, processes and policies. Employees are highly monitored to follow the set patterns 2. Power culture Theory X This is a one man show where all power resides with the founder. Decisions are taken by the founder which has to be followed by the subordinates 3. People culture Theory Y organization exists to serve the individual and where individuals are not servants of the organization. They consist of self-organizes professionals who do not need any supervision 4. Task culture Theory Y More emphasis is given to completion of tasks and least is given to the hierarchal positions. Employees are provided with autonomy to ensure task completion.
FIN725 Quiz 4 Solution and Discussion
Quiz # 04 Total Questions : 1
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