What term describes the system of beliefs, values, norms, and work routines shared within an organization?

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Prepare for UCF MAN3025 Management of Organizations Exam 3 with practice questions, flashcards, and explanations. Master the concepts and excel in your test!

The term that describes the system of beliefs, values, norms, and work routines shared within an organization is culture. Organizational culture encompasses the underlying principles and characteristics that shape how members of the organization interact with one another and approach their work. It influences behaviors, decision-making processes, and the overall atmosphere of the workplace.

Culture can include various elements, such as the organization’s mission, its shared values, the behavior of leadership, and the unwritten rules that guide employee conduct. It acts as a framework within which employees operate and can significantly impact organizational performance and employee satisfaction.

While strategy, management, and structure are also crucial elements of an organization, they do not encapsulate the shared beliefs and norms in the same way as culture does. Strategy relates to the organization's plan for achieving its objectives, management refers to the processes of coordinating and overseeing activities, and structure pertains to the arrangement of roles and responsibilities within the organization. These components may be influenced by the overall culture, but they do not represent the shared beliefs and values themselves.