Question

Explain the importance of organisational culture and discuss how does business ethics plays a Pivotal role for the organisation. Give examples.

29 Jul 2023
Answer :
Word Count : 790

Organizational culture refers to the shared values, beliefs, norms, and behaviors that define the way an organization operates and the way its employees interact with each other and with external stakeholders. It is a critical aspect of an organization's identity and plays a significant role in shaping its success, effectiveness, and overall performance. Business ethics, on the other hand, is the set of moral principles and values that guide the conduct of individuals and organizations in the business environment. Let's explore the importance of organizational culture and the pivotal role of business ethics for the organization:

Importance of Organizational Culture:

1. Employee Engagement and Productivity: A positive and inclusive organizational culture fosters a sense of belonging and employee engagement. When employees feel connected to the organization's values and mission, they are _____ _____ ___ _________ _________ ______ _______.
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