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Home > QFINANCE Dictionary > Definition of corporate culture

Definition of

corporate culture

General Management

shared values of organization the combined beliefs, values, ethics, procedures, and atmosphere of an organization. The culture of an organization consists of largely unspoken values, norms, and behaviors that become the natural way of doing things. An organization's culture may be more apparent to an external observer than an internal practitioner. There can be several subcultures within an organization, for example, defined by hierarchy, e.g. shop floor or executive, or by function, e.g. sales, design, or production. Changing or renewing corporate culture in order to achieve the organization's strategy is considered one of the major tasks of organization leadership, as it is recognized that such a change is hard to achieve without the will of the leader.

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Definitions of ’corporate culture’ and meaning of ’corporate culture’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’corporate culture’ and other financial terms with our online QFINANCE Financial Dictionary.

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