Incentive Programs Often Undermine Culture in Organizations

question 22

True/False

Incentive programs often undermine culture in organizations.

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Definitions:

Central Planning

An economic system in which decisions about production, investment, and distribution are made by a central authority, often the government.

Capital Goods

Long-lasting goods acquired by firms for producing goods and services, including machinery, buildings, and equipment.

Market System

An economic system where the allocation of resources and the distribution of goods and services are determined by supply and demand in a free market.