What can be considered an aspect of market culture?

Prepare for the Penn Foster Principles of Management Test. Review with flashcards and multiple-choice questions, each with hints and explanations. Ace your exam!

Market culture is characterized by a strong external orientation with an emphasis on competition and achieving results. Organizations with a market culture are driven by objectives and are focused on meeting the demands and expectations of customers and achieving a competitive edge in the market. This type of culture prioritizes outcomes, productivity, and efficiency, often measuring success in terms of market share and financial performance.

The emphasis on control refers to the structured and target-oriented approach these organizations usually adopt to ensure that performance aligns with strategic goals and objectives. Therefore, strong external focus and emphasis on control are defining features of market culture, making this the correct choice.

In contrast, the other options represent different cultural orientations that prioritize aspects like internal flexibility, innovation, or employee satisfaction, which are more aligned with other types of organizational cultures such as clan or adhocracy cultures. These aspects diverge from the competitive and outcome-driven focus that is central to market culture.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy