What Determines the Degree of Competitiveness in a Market

question 12

Essay

What determines the degree of competitiveness in a market?

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Definitions:

Job Autonomy

The degree of independence and discretion a worker has in determining how to perform their tasks.

Theory Y

Theory Y is a managerial assumption about employee motivation, proposing that workers are self-motivated, seek responsibility, and are creative problem solvers.

Work Attitudes

Employees' feelings and beliefs about their job and work environment, which can affect their job performance and satisfaction.

Behaviours

The way an individual or group behaves or responds to outside or inside forces.