Very appropriate description but missing the most important religious ritual of all: The Meeting. The Meeting is a way to worthship the hierarchy and prove ones worth. Since you can't just look at nothing and talk about your lives (there is a dedicated "fun meeting" for that) you need something to look at and talk about. This is why PowerPoints are for. PowerPoint are mostly pictures and some words around numbers. Since numbers are scary these numbers are of course color coordinated with good numbers being green and bad numbers as red. So during a meeting you talk about these numbers and make sure they are all the correct color and if not have to remake the PowerPoint to ensure they are the correct color. These numbers are sometimes put together to make lines which need to go up or else they are bad.

Only the most important people have meetings all day and once you have meetings all day you need to make sure you only have important meetings. A really important Meeting has Meetings about it beforehand and afterwards. The higher level the people in the meeting and the more rare the meeting the more important the meeting. There is one most important meeting which is rare and only the most important go to: The Board Meeting. This where C-Suits meet with The Board who are C-suits at different companies. At this meeting they talk about all the numbers and make sure they are all the correct colors and lines all go up.