A Corporation's Structure and Culture as its Internal Strength and Weakness

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1.) In what ways may a corporation's structure and culture be internal strengths and weaknesses? Look at the medical field and analyze its structural and cultural strengths and weaknesses. How can the weaknesses be improved? During the last century of global corporate commerce, the relationship between companies and those they employ has grown more intricate and more intensely connected. Today, the emerging concept of corporate culture is defined as "the collection of beliefs, expectations and values learned and shared by a corporation's members and transmitted from one generation of employees to another" (Wheelen & Hunger, 2009). While a healthy corporate culture can be an invaluable internal strength, boosting morale and building productive cooperation among coworkers, a corrupt corporate culture can also serve as a drawback as a company attempts to grow and expand. An unsound corporate structure or culture can lead to problems like insubordination, truancy, tardiness, and theft, all of which detract from overall profit margins and contribute to the underlying issue of employee dissatisfaction. Within the medical field, the unique culture of camaraderie which exists between hospital staff is undoubtedly an internal strength, because orderlies, nurses, physicians and medical doctors are united by the cause of caring for their patients. The Hippocratic Oath which binds all practitioners of medicine stands as the foundation of a strong medical culture, however, there are
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