Organizational Characteristics of 100 Year Old Companies
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A handful of companies on the Fortune 500 list are more than 100 years old, which is rare. What organizational characteristics do you think might explain 100-year longevity?
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Solution Summary
The solution discusses some of the characteristics of companies which are more than 100 year old. References also included.
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A handful of companies on the Fortune 500 list are more than 100 years old, which is rare. What organizational characteristics do you think might explain 100-year longevity?
1. Organizational commitment is an individual attitude that reflects one's identification with and involvement in a particular organization. It can be characterized by three related factors: strong belief in the organization's goals and values, willingness to exert extra effort on its behalf, and strong desire to maintain ...
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