The Term Corporate Culture Refers to

question 73

Multiple Choice

The term corporate culture refers to

• A) the number of organizational levels within a corporation.
• B) the extent to which corporations dominate a particular culture.
• C) the mixture of values, traditions, and habits that give a company its atmosphere and personality.
• D) a company's sponsorship of events such as concerts and plays.
• E) the heavy influence business has had on our society.

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Definitions:

Pay for Knowledge Systems

are compensation strategies that reward employees for their skills, knowledge, and competencies rather than their job title or position.

Task Flexibility

The degree to which a job allows for variation in the work activities and processes performed by an employee.

Labour Force

The total number of people who are available to work in an economy, including both the employed and the unemployed who are seeking employment.

Employment Insurance

A government program that provides temporary financial assistance to unemployed workers.