If you were talking to Todd, an average person, and asked him ...

[jeatrice]

If you were talking to Todd, an average person, and asked him what the term culture meant, he would reply that it is ________.
 
  A) the formal rules of an organization
  B) the nature of products/services offered by the company
  C) the shared values and practices of the firm
  D) a set of operational procedures for the company

Question 2

Define environmental uncertainty. Briefly discuss the dimensions of environmental uncertainty.
 
  What will be an ideal response?

[sultana.d]

Answer to Question 1

Answer: C

Answer to Question 2

Answer: Environmental uncertainty refers to the degree of change and complexity in an organization's environment.
The first dimension of uncertainty is the degree of change. If the components in an organization's environment changes frequently and unpredictably, it is a dynamic environment. If change is minimal or predictable, it's a stable one. A stable environment might be one with no new competitors, few technological breakthroughs by current competitors, little activity by pressure groups to influence the organization, and so forth.
The other dimension of uncertainty describes the degree of environmental complexity, which looks at the number of components in an organization's environment and the extent of the knowledge that the organization has about those components. An organization with fewer competitors, customers, suppliers, government agencies, and so forth faces a less complex and uncertain environment. Organizations deal with environmental complexity in various ways. Complexity is also measured in terms of the knowledge an organization needs about its environment.

[jeatrice]

Excellent

[adammoses97]

TYSM