Stakeholders and corporate culture Flashcards
1
Q
What is a macro environment?
A
Operating conditions within a business that can’t be controlled.
2
Q
What is a operating environment?
A
The environment external to the business to where there is close interaction.
3
Q
What is the internal environment?
A
Activities that occur within the business that they have control over.
4
Q
What are fringe benefits?
A
Are benefits received in addition to the employees usual wage/salary.
5
Q
What is corporate culture?
A
Is a system of shared beliefs/values of people within a business
6
Q
What is official corporate culture?
A
The desired culture for the business.
7
Q
What is real corporate culture?
A
The prevailing culture within the business.
