Vocabulary Review
| Word | Meaning |
|---|---|
| company culture | (also known as organizational culture): The values and behaviours that contribute to the unique social and psychological environment of an organization. |
| networking | Creating a group of acquaintances and associates and keeping it active through regular communication for mutual benefit. Networking is based on the question "How can I help?" and not with "What can I get?" |
| mission statement | A written declaration of an organization's core purpose and focus that normally remains unchanged over time. Properly crafted mission statements (1) serve as filters to separate what is important from what is not, (2) clearly state which markets will be served and how, and (3) communicate a sense of intended direction to the entire organization. |
| company profile | Concise description which, among other items of information, includes (1) firm's history, (2) number and quality of its human, financial, and physical resources (3) organizational and management structure, (4) past, current and anticipated performance, and (5) its reputation, and the standing of its goods or services. |
| promotion | the act or fact of being raised in position or rank |