BUS 223 Chapter Notes - Chapter 4-5: Stakeholder Theory, Whistleblower, Reputation Management

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Bus223: chapter 4 - the corporate culture - impact and. Culture can be defined as a shared pattern of beliefs, expectations, and meanings that influence and guide the thinking and behaviours of the culture"s members. o understanding, practices, and behaviour. It is the social glue that helps hold the organization together by providing appropriate standards for what members should say and do. A culture shapes its members and the ethics and the members shape the culture. o. Ethics has to come from the top down (i. e. the tone at the top) but this cannot actually happen. Don"t forget the tone from the middle-management (these people don"t change jobs as much as top management) Culture either enables or frustrates ethical decision-making whenever the law provides an incomplete answer for this. o no culture, in business or elsewhere, is static. Cultures are dynamic; they change depending on several factors. o.

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