Business' Several Components

Business' Several Components

  • Submitted By: mymissb
  • Date Submitted: 06/19/2009 8:51 PM
  • Category: Business
  • Words: 1043
  • Page: 5
  • Views: 472

Business Concepts
Bridget Mosley
University of Phoenix

Business Concepts
A business is composed of several components. All the parts are required for the business to operate. If any one part is missing or not functioning properly there will be a direct impact on the business. The impact could be the business not operating efficiently or even complete business failure. Organizational culture and behavior, along with the important key concepts such as diversity, communication, business ethics, and change management play an important role in organizations today.
Organizational culture is the shared values and beliefs of an organization. Organizational culture identifies the way business is conducted based on values and beliefs. Standards are set, a business practice is present and guidelines exist for employees to follow (Robbins & Timothy, 2009). These are just some of the reasons organizational culture is important.
A strong organizational culture must be created, maintained, and practiced. I worked for an organization with a weak organizational culture. The majority of the employees didn't share the business values or beliefs, simply because they weren't identified, practiced, or present. The organizational culture wasn't enforced or installed in the workplace environment. Leaders of the organization didn't motivate or inspire employees to practice or share organizational culture. As a result the organization consisted of a workforce that worked without shared values or beliefs. The employees didn't work to reach the goals of the organization, but instead just worked for a pay check. A weak organizational culture can result in business failure. However, a strong organizational culture consists of people who are all working toward the same goal. A work environment with people who are motivated, dedicated, and share values and beliefs.
Learning how individuals and groups function and perform is the study of organizational behavior. Organizational...

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