_________________ Happens When Managers Begin Focusing on Issues Other Than

question 68

Multiple Choice

_________________ happens when managers begin focusing on issues other than the purpose of the organization.

• A)Goal displacement
• B)Mission creep
• C)Process orientation
• D)Task orientation

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Definitions:

Positive Externalities

Benefits that affect a third party not directly involved in a transaction or activity, resulting in a positive effect on society.

Principal-Agent Problem

A dilemma in economics where one party (the agent), acting on behalf of another party (the principal), may have different goals or incentives, potentially leading to inefficiencies.

Corporate Ownership

Refers to the ownership structure of a corporation, typically involving shareholders who possess rights and responsibilities.

Corporate Control

The ownership structure or governance framework that determines the strategic direction and decisions of a company.