How does the Apache Corp. communicate its attitude toward risk ...

[colton]

How does the Apache Corp. communicate its attitude toward risk taking to its employees?
 
  A) through actions that reward risk taking and initiative
  B) through actions that discourage risk taking and initiative
  C) through written policies and rules that reward risk taking and initiative
  D) through written policies and rules that discourage risk taking and initiative

Question 2

Which kind of organizational culture do the following values describe? 1. Don't be lazy or sloppy. 2. It's better to try a good idea and fail then to stick with a bad idea. 3. When you think your product is perfect, go back and try to make it better.
 
  A) a company that values innovation more than quality
  B) an innovative, risk-taking company that has high standards
  C) a company that values quality more than innovation
  D) a conservative, risk-averse company that has high standards

[duke02]

Answer to Question 1

Answer: A
Explanation: The ways in which managers create a culture of risk taking and quick decision making is not explicit at Apache. Instead, managers know the values of the company implicitly and express those values through their actions, rewarding smart risk taking and encouraging workers to be creative and innovative and discouraging employees who are excessively timid or conservative in their actions.

Answer to Question 2

Answer: B
Explanation: The company conveys its attitude toward risk and innovation by stating that failure is allowed as long a person fails when attempting to implement a good idea. The company conveys its high standards by saying that perfect is not good enough.