Final answer:
The common components of organizational culture are values, beliefs, and norms, which are intrinsic to a company's cultural framework and affect everything from daily interactions to broader organizational practices.
Step-by-step explanation:
The common components of organizational culture are C. Values, beliefs, and norms. These elements are fundamental to the overall cultural framework of an organization. Organizational culture is also influenced by the industry in which the organization operates and can have different subcultures within various departments.
Observable artifacts, such as symbols, language, narratives, and practices, are the visible elements of a culture that reflect underlying cultural assumptions. Espoused values represent the endorsed concepts and beliefs of management or the entire organization, guiding employee actions in different situations. Lastly, basic assumptions often operate at an unconscious level, influencing behavior in a more subtle way.
Understanding organizational culture is essential for workplace success, as it encompasses the shared practices, values, and beliefs of a group and shapes everything from routine interactions to the organization's overall way of life.