Final answer:
The enduring principles guiding an organization's conduct are known as its core values or organizational culture, which include values, visions, hierarchies, norms, and interactions that define how an organization operates and makes decisions.
Step-by-step explanation:
The fundamental, passionate, and enduring principles of an organization that guide its conduct over time are referred to as its core values or organizational culture. These principles are crucial as they affect the organization's internal functioning and its relationship with the external world. They are the foundation that can be likened to a country's constitution, which affirms its most basic legal principles, and are encompassed within a broader concept often referred to as organizational culture. This culture includes values, visions, hierarchies, norms, and interactions among employees. Ostroff, Kinicki, and Tamkins (2003) identify three layers in organizational culture: observable artifacts, espoused values, and basic assumptions. Observable artifacts represent the underlying cultural assumptions, espoused values are the principles the organization endorses, and the basic assumptions generally are unobservable and serve as the foundation for the system of thoughts and behaviours within the organization.