The Nature of an Organization's Environment Is an Important Determinant

question 44

True/False

The nature of an organization's environment is an important determinant of its overall structure.

Explain the rationale behind compensating an entrepreneur with profit.

Understand the impact of right-to-work laws on union setups and worker organization.

Comprehend the factors leading to noncompeting groups of workers and the effects of geographic immobility.

Identify the strategies used by labor unions during collective bargaining breakdowns.

---

Definitions:

Social Purpose Ventures

Businesses created by social entrepreneurs to resolve a social problem and make a profit.

Enterprising Nonprofits

Organizations that engage in business-like activities with the aim of supporting a social or environmental mission.

Wal-Mart Wages

The pay scale and compensation policies adopted by Wal-Mart for its employees.

Legal Fees

Charges or costs incurred for legal services provided by attorneys or law firms.