Question

how is the competing values framework best used in a business situation? a.) to allow an organization to see value-added business models b.) to assist in the development of blockchain technologies c.) to allow companies to understand values as they relate to artificial intelligence d.) to help organizations better understand how their internal or external focus ties into their cultural orientation regarding organizational flexibility

Answer 1

The Competing Values Framework is used in a business situation to help organizations better understand how their internal or external focus ties into their cultural orientation regarding organizational flexibility.

Step-by-step explanation:

In a business situation, the Competing Values Framework can be used to help organizations better understand how their internal or external focus ties into their cultural orientation regarding organizational flexibility.

For example, an organization may use the framework to assess whether it leans more towards a focus on stability and control or on innovation and adaptability. This understanding can guide decision-making processes and help the organization align its values with its strategic goals.

By using the Competing Values Framework, companies can gain insights into their cultural orientation and identify areas for improvement in organizational flexibility, which can lead to increased effectiveness and success.