Business Culture Flashcards
Define Business Culture
The style/way things are done within a company based on its values, beliefs and attitudes. Influences all decisions, functions and management.
What effects culture?
Vision, mission and values, management practices, policies and procedures, management styles, structure of the workforce and how people work.
How does culture affect business?
Impacts the behaviour of all staff. A good culture will have a hard working, motivated, happy, loyal and productive workforce. This will positively affect a company.
How does culture affect customers?
If a company has a poor culture, this could negatively impact the performance of staff and the quality of their work, leaving customers unsatisfied.
How does culture affect staff?
Staff are positively affected by a positive business culture as they will feel more supported and valued, in turn making them happier, loyal and more motivated.