Using Market Control Mechanisms Is Criticized for

question 3

Multiple Choice

Using market control mechanisms is criticized for

• A) relying too heavily on rules and procedures.
• B) not adequately reflecting organizations' total value.
• C) being too dependent on the organizational culture.
• D) enhancing environmental sustainability.
• E) overly centralizing decision making and power.

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Definitions:

Ethics

A set of moral principles or values that guide an individual's or group's behavior and decision-making.

Organizational Culture

The collective values, beliefs, and principles of organizational members that shape their interactions and behavior in the workplace.

Moral Leadership

A situation in which the leader takes a moral stance on an issue, and convinces others to do the same.

Ethical Climate

A work environment's set of moral values, practices, and beliefs that guide behavior and decisions within an organization.