- Corporate culture refers to the values, expectations and beliefs within an organisation.
- Directly impacts upon the relationship between management and employees
- Indicators related to culture include:
- Staff turnover
- Levels of absenteeism
- Disputes and internal conflict
- A positive corporate culture can improve an employer’s reputation and attract and retain better staff.
Extract from Business Studies Stage 6 Syllabus. © 2010 Board of Studies NSW.