internal factors Flashcards

1
Q

Corporate culture

A

Corporate culture refers to the way that the beliefs, attitudes and values of the business are visible and shared by all employees.

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2
Q

ways of establishing corporate culture

A
  • staff uniforms
  • corporate logo
  • mission statement
  • company policies
  • training and team building
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3
Q

how employees influence a business

A
  • being productive
  • being motivated and committed
  • satisfying customers
  • levels of attendance
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3
Q

benefits of corporate culture

A
  • happier staff
  • lower staff turnover
  • attract quality staff
  • improves brand awareness
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4
Q

how can managers influence a business?

A
  • effective leadership
  • effective decision making
  • creating policies that motivate
  • training and managing staff
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5
Q

how can technology support a company

A
  • phones to allow staff to work away
  • using social media to link with customers
  • enabling customers to buy products online
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