Final answer:
Corporate culture refers to the set of attitudes, values, and standards that differentiate one organization from another. It influences employee behavior and decision-making within the organization. It can vary greatly between organizations and has a significant impact on organizational performance and employee satisfaction.
Step-by-step explanation:
Corporate culture is the set of attitudes, values, and standards that distinguishes one organization from another. It encompasses the shared beliefs, behaviors, and practices of the employees within the organization. It influences how employees interact with each other, make decisions, and carry out their work.
For example, a company that values innovation and risk-taking may have a culture that encourages employees to think creatively, take calculated risks, and learn from failures. On the other hand, a company with a culture focused on hierarchy and strict adherence to rules may have employees who follow established procedures and seek approval from higher-level managers before making decisions.
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