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What does corporate culture refer to?
AThe layout of the offices and the plant floor
BThe core values and beliefs that guide behavior
CThe pay grades attached to each level of a job
DThe suppliers a firm has approved for its orders
Answer & Solution
Correct answer: B. The core values and beliefs that guide behavior
1. Corporate culture is made up of the core values and beliefs a firm holds.
2. Those values support the mission and the business model of the firm.
3. They also guide how employees behave day to day, which is what makes culture visible from outside.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 8 "Managing Human Resources and Labor Relations", section Organizational Culture and Hiring for Fit_
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