A Market-Driven Organization Is Likely to Be

question 4

Multiple Choice

A market-driven organization is likely to be:

• A) Resourceful and entrepreneurial
• B) Risk oriented
• C) Pragmatic in terms of getting things done
• D) All of the above

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Definitions:

Ethical Expectations

The norms and standards for ethical behavior that are anticipated in a specific context or organization.

Values-Based Culture

A corporate culture that emphasizes and prioritizes core values and ethical standards in its business operations and decision-making processes.

Normative Myopia

The short-sightedness in recognizing the long-term importance and influence of norms and ethical standards in decision-making.

Institutionalization

The process by which a practice or organization becomes established and accepted as a norm or standard within society or a specific context.