Asked by Alexis Klein on May 11, 2024
Verified
A corporate culture is a system of shared values throughout any given company or other organization.
Corporate Culture
The shared values, beliefs, and practices that characterize an organization and guide its employees' behaviors.
Shared Values
Fundamental beliefs or principles that are held in common by members of a group, organization, or society, forming the basis for cohesion and collective action.
Organization
An entity comprising multiple people working together with a particular purpose or objective, often structured in a specific way to achieve its goals.
- Comprehend the role of corporate culture and shared values in the functioning of an organization.
Verified Answer
PP
Peyton PhillipsMay 13, 2024
Final Answer :
True
Explanation :
A corporate culture refers to a shared set of values, norms, and beliefs that influence the behavior of individuals within a company or organization. This includes factors such as communication styles, management practices, and social interactions. Ultimately, a company's culture can have a major impact on its overall success and ability to achieve its goals.
Learning Objectives
- Comprehend the role of corporate culture and shared values in the functioning of an organization.