MGT363H5 Chapter Notes - Chapter 9 - 12: Corporate Social Responsibility, Bounded Rationality, Social Capital
Document Summary
Chapter 9: describe observable symbols, ceremonies, dress, or other aspects of culture and the underlying values they represent for an organization where you have worked, for example, nike addresses staying active and being healthy. They have many brand ambassadors and the setting is upbeat, sporty, and flashy. All the employees are wearing fashionable nike products. Nike has aspects of culture such as supporting sports events like basketball, soccer, football, as well as making an appearance from the olympics. Also, spreading awareness about different cultures and how certain aspects can be implemented in the success of the company. The obvious disadvantage is people from different background having disagreements about the right way of thinking: explain the concept of social capital. A company that is low in social capital is volkswagen, because the chief executive at the time, martin. The clan culture focuses on the needs of employees as the route to high performance.
