Chapter 2- Internal Environment Flashcards
Management structure definition
A management structure refers to the way employees and managers are organised within the internal environment.
Social responsibility definition
Social responsibility refers to the actions an organisation takes that are above and beyond its legal obligations.
Corporate culture defintion
Corporate culture is the shared values, beliefs and behaviours of employees and managers in an lso. Official corporate culture is often expressed in formal documentation such as objectives, policies and procedures
What is the functional structure?
Work is divided into smaller tasks based on function
What is the divisional structure
Where work is divided into different divisions based on product, service, customer or geographical location
Ethics definition
Ethics is the basic concept and fundamental principles of decent human conduct.
