BUSI 610 Chapter Notes - Chapter 10: Corporate Social Responsibility, Conscious Business, Goal Orientation
Document Summary
Social capital: quality of interactions among people and whether they share a common aspect, also known as goodwill. Internal organization: members develop a collective identify and understand how to work together effectively. External adaptation: how the organization meets goals and deal with outsiders. Rites and ceremonies: the elaborate, planned activities that make up a special event and are often conducted for the benefit of an audience, held by management to provide dramatic examples of what a company values. Rite of passage: which facilitates the transition of employees into social new roles. Rite of integration: creates common bonds and good feelings among employees and increases commitment to the organization. Aspects of organizational culture (6: rites and ceremonies, stories and sayings, power relationships, control systems, organization structures, symbols. Stories: narratives based on true events that are frequently shared among employees and told to new employees to inform them about an organization.