Northern Trust

Northern Trust Corporation, a wealth management company, is traded on the NASDAQ stock exchange and is a component of the Standard & Poors 500 index. On June 30, 2020, the company reported that it had $151 billion in banking assets and $1.3 trillion in assets under management. There are 11 people who supervise the management of the Northern Trust Corporation. Michael G. O'Grady, chair and CEO of Northern Trust, is one of the 12, but the rest are from outside the organization. They meet on a regular basis in small committeesincluding an audit committee, a capital governance committee, a business strategy committee, and a compensation and benefits committeeto manage the organization for the benefit of the shareholders.

The Northern Trust Corporation has three enduring principles: service, expertise, and integrity. These principles guide the actions of everyone in the organization. The company is currently looking to add many new workers in the United States, Europe, Asia, and Australia.

(Source: Northern Trust Corporation. (2020). Northern Trust website. Retrieved from http://www.northerntrust.com)

What role do the shareholders play in Northern Trusts internal environment?

Employees

Board of directors

Culture

Owners

When the scenario refers to new workers, it is referring to which aspect of the internal environment?

Culture

Board of directors

Owners

Employees

The 11 people who supervise management constitute which aspect of the internal environment?

Owners

Culture

Employees

Board of directors

When the scenario mentions service, expertise, and integrity, which aspect of the organizations internal environment is it referring to?

Board of directors

Owners

Culture

Employees