What is Corporate Culture? The Importance of a Positive Corporate Culture Flashcards
Dress code
noun
A set of rules about clothing for a company
* Persol relaxed its dress code a few years ago.
* The dress code at most Japanese banks are very strict.
(business) Ethics
noun
The standards for morally right & wrong behavior in a business
* We have set new guidelines for ethics and practices.
* It is very important to follow the ethics of an organization.
Characterize
verb
To describe the nature / features of something
* Hot humid weather characterizes Japanese summers.
* These ethics characterize our business practices.
Practices
noun
The way of doing things in a particular business
* We will use these ideas to guide our practices.
* I think they have questionable accounting practices.
Shaped
verb
To be in influenced by something into having a particular form
* My career was shaped by my experience.
* Our company culture was shaped by management.
Social engagement
noun
A company’s participation in society
* We are focusing on social engagement this year.
* Social engagement is a very important factor for any corporation.
Interdependence
noun
The state of things / people depending on each other
* We need to focus on the interdependence between cultures.
* A company’s interdependence with its customers should not be neglected.
Horizontal / vertical axis
noun
The line of figures / data arranged from left to right (horizontal) or top to bottom (vertical)
* The horizontal axis shows the net income per capita.
* On the vertical axis you will see the increase in global warming.
Adhocracy
noun
A corporate culture based on the ability to adapt quickly to changing conditions
* Most creative people will prefer working in an adhocracy.
* The early days of NASA is a good example of a functioning adhocracy.
Toxic culture
noun
A work environment marked by many personal conflicts between staff members
* Unfortunately that company has a very toxic culture.
* The toxic culture at my previous company was unbearable.
Poor results
adjective - noun
Bad results
* Their sales were affected by the poor results of the sales staff.
* Unfortunately we’ve had some poor results on this survey.
Hyper competitive
adjective
Extremely competitive
* The competition amongst A.I. companies are hyper competitive.
* There is a hyper competitive culture in advertising.
Immoral leadership
adjective - noun
Decisions made by organizational leaders that are illegal or against moral standards
* Immoral leadership needs to be stamped out.
* They are trying to address issues relating to immoral leadership.
Criminal corporate activity
adjective - noun
Crimes committed by individuals on behalf of a business
* The FBI uncovered some criminal corporate activity within that media empire.
* Criminal corporate activity is on the rise.
