Companies with insular,inwardly focused cultures usually
A) tend to possess arrogant overconfident mind-sets,thereby tending to underestimate the competencies and accomplishments of rival companies and overestimate their own progress.
B) tend to concentrate on benchmarking to find out the best methods of doing things.
C) tend to concentrate greed and ego-gratification.
D) tend to discount and doubt their own performance statistics.
E) All of these

Question

Quizplus · Accepted Answer

Insular, inwardly focused cultures tend to create a sense of superiority and underestimate the competition while overestimating their own abilities. This often leads to an arrogant and overconfident mindset. Benchmarking (B) is not common in an insular culture as it involves looking outside of the company for best practices. Concentrating on greed and ego-gratification (C) may happen but is not necessarily a defining characteristic of insular cultures. D is also not true as insular cultures tend to have a skewed and inflated view of their own performance.

Companies with Insular,inwardly Focused Cultures Usually