A firm calls its employees "associates," prefers to promote from within, uses participative management, and focuses on long-term (not short-term) performance. These values reflect the firm's

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These values reflect the firm's corporate culture, which encompasses the beliefs, behaviors, and practices that determine how a company's employees and management interact and handle business transactions. Calling employees "associates," promoting from within, using participative management, and focusing on long-term performance are all indicative of the company's internal values and practices, which are key components of its corporate culture.

A Firm Calls Its Employees "Associates," Prefers to Promote from Within