What Has Rubbermaid Used to Create and Maintain the Innovation

question 44

Multiple Choice

What has Rubbermaid used to create and maintain the innovation and flexibility of a small business environment within the large,bureaucratic structure?

• A) formal organization
• B) informal organization
• C) intrapreneuring
• D) entrepreneurship
• E) capitalization

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Definitions:

Institutional Labor Economics

A branch of economics that studies the way institutions and societal norms impact labor markets, employment, and wage setting.

Perfect Competition

A market structure characterized by a large number of small firms, identical products, and easy entry and exit for businesses, leading to optimal distribution of resources.

Conflict Of Interest

A situation in which a person's personal interests could potentially interfere with their professional duties or responsibilities.

Industrial Relations School

A theoretical framework that studies the social, economic, and psychological relations between management and labor, including unions, workplaces, and public policy.