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What is corporate culture?

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Explain the four types of corporate cultures, including the negative effect.

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Solution Summary

Corporate culture refers to the politics and performances that a company creates for its employees and management to adhere to; best business practices.

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According to Goffee and Jones (2003), there are four types of corporate cultures: networked, communal, fragmented, and mercenary.

• Networked culture refers to the close connection between employees and management within the company. They develop a relationship of sharing and caring for each other, sometimes inside and ...

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