MANAGEMENT

Detailed explanation-1: -Culture has a tremendous influence on ethics and its application in a business setting. In fact, we can argue that culture and ethics cannot be separated, because ethical norms have been established over time by and make sense to people who share the same background, language, and customs.

Detailed explanation-2: -A mission statement is usually part of your business plan when you start a business. It identifies your company’s purpose and is a way to publicly share why your company exists. Crafting your mission statement helps you unify your business and avoid potential business mistakes by keeping you on track.

Detailed explanation-3: -Corporate culture, also known as company culture, refers to a set of beliefs and behaviors that guide how a company’s management and employees interact and handle external business transactions.

Detailed explanation-4: -Company culture describes the shared values, goals, attitudes and practices that characterize an organization. Aspects such as working environment, company policies and employee behavior can all contribute to company culture. Company culture can more simply be described as the shared ethos of an organization.