Question

Employees frequently share a story of how the founder rescued the organization from the brink of closure because of an unscrupulous competitor by creating an innovative product and taking it to market quickly. Each time the story is shared, it reminds the employees of the importance of being innovative, quick thinking, and resilient. This is an example of what cultural element?

A. Rituals
B. Artifacts
C. Legends
D. Beliefs

Answer 1

The story of the founder's innovation and resilience is an example of a Legend (C) in organizational culture, as it serves to reinforce shared values within the company.

Step-by-step explanation:

The story of the founder who saved the organization by creating an innovative product is an example of a cultural element within a company. Specifically, this can be identified as C. Legends. Legends are narratives about an organization's history that embody certain cultural values or depict exemplary behavior — in this context, the importance of innovation, quick thinking, and resilience. These stories are shared among employees as a means of reinforcing the organization’s cultural values, encapsulating the desirable qualities that are celebrated and encouraged within the organization.