Hi. I need help with this question (MBA pro's u might know this answer)?

Question

Define culture and explain its importance to the management of organizations

Answer 1

Corporate culture is the actual (sometimes informal) rules for interpersonal interactions in an organization.

For example, company policy may officially call for a collaboration between management and labor. However, a lower level manager may make authoritative decisions without consulting with his/her staff. The quintessential authoritarian boss is found in the comic strip 'Blondie'. Mr. Dithers rules his company with an iron boot.

Companies such as Microsoft are driven by innovation, and they look for people who are more comfortable with change than the average large corporation.