Which term describes a system of shared values and beliefs that can influence a business’s need for change?

The term that best describes a system of shared values and beliefs influencing a business's need for change is organizational culture. This concept encapsulates the norms, values, and practices that characterize an organization and shape its internal environment.

Organizational culture acts as a framework for how employees behave and interact with one another and make decisions. When there is a strong organizational culture, it can drive change by encouraging innovation, teamwork, and a shared vision among employees. Conversely, if the culture is resistant to change, it may also slow down or obstruct necessary adjustments within the organization.

By understanding and leveraging organizational culture, businesses can effectively navigate change initiatives, aligning the employees' shared beliefs with the goals of the organization. This alignment helps ensure that changes are met with support rather than resistance, making the process smoother and more successful.