Question

principle of management on puma company​

Answer 1

Answer:

Puma SE’s organizational culture is a facet of business efforts to achieve leadership in the sporting goods industry. The company’s corporate culture influences organizational development of human resources, including factors such as philosophy, core values, motivation, and traditions that determine workplace effectiveness in facilitating competitiveness in the athletic footwear, apparel and accessories market. This corporate culture promotes business strengths, such as those shown in the SWOT analysis of Puma SE. These strengths address competition against firms like Nike, Adidas, ASICS, and Under Armour. Thus, Puma’s organizational culture connects to the competitive advantages that support business growth and human resource development. For example, the company’s administration motivates employees through the corporate culture, to develop work performance that brings the sporting goods business toward its strategic goals. This makes Puma’s organizational culture an integral part of strategic management and strategic planning to grow and improve the multinational business.

Explanation:

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