What is the definition of corporate culture?

Prepare for the WGU BUS2010 D072 exam. Study with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for your exam!

The definition of corporate culture refers to the attitudes, values, and standards of behavior that characterize an organization and differentiate it from others. This encompasses the shared beliefs and practices that influence how employees interact with each other and approach their work. Corporate culture shapes the work environment and can significantly impact employee morale, motivation, and overall performance.

A strong corporate culture can foster a sense of belonging and loyalty among employees, which in turn can lead to higher levels of productivity and commitment to the company's goals. It also sets the tone for day-to-day operations and can guide decision-making processes within the organization.

The other options focus on aspects that do not encapsulate the essence of corporate culture. Management methods and systems are operational procedures, the financial framework pertains to economic strategies and capital management, while technical skills relate to individual competencies needed for specific tasks or roles within the company. None of these elements address the overarching set of shared values and behaviors that shape the environment of an organization.

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