Corporate culture plays a key role in creating an organizational climate that enables learning and innovative responses to threats from the external environment, challenging new opportunities, or organizational crises.1. True2. False

1. True

Explanation:

Corporate culture refers to the attitude of employees of a corporate in dealing with outside business challenges and how employees interact with one another, their beliefs and values.

Such culture emerges involuntarily and is not purposefully created or deliberated as an organizations culture is defined by it's employees and their beliefs and values.

Organization climate refers to the how conducive the work environment in an organization is, defined by how individuals behave and interact with one another. Whether the environment is conducive, harmonious or hostile.

Right corporate culture creates a conducive organizational climate wherein employees respect views of one another and the activities are in accord with organizational goals.

Such culture promotes learning and makes employees better equipped in handling business environment threats and maximizing opportunities.

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a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.