Business Chapter 14 Flashcards
Bureaucracy
The system of rules
Cultural dimensions
A set of characteristics that form the international context of business culture
Infrastructure
The basic physical and organisational structures and facilities (e.g.buildings, roads, power supplies) needed for the operation of society or enterprise
Multinational
A business organisation operating in several countries
Organisational culture (also organisation, corporate or business culture)
The values, attitudes, beliefs meanings and norms that are shared by people and groups within an organisation
Strong culture
A culture where the values, beliefs and ways of working one deeply fixed within the business and its employees
Labour turnover
The rate at which employees leave a business
Weak culture
A culture where workers are not fully aligned to the values, beliefs and ways of working of an organisation