Normative Expectations Are an External Source of Organizational Inertia That

question 33

Multiple Choice

Normative expectations are an external source of organizational inertia that involve the following

• A) Shared identity, organizational culture, strong social ties, established expectations about roles
• B) Long-term contracts with customers and suppliers, interlocking directorates, established customer base, long term obligations
• C) Commitment to status quo, risk averseness, intolerance of ambiguity, bounded rationality
• D) Collective rationality, industry recipes, cognitive inertia, societal expectations

Grasp the concept of unconscionability under the UCC, including its types and effects on contracts.

Identify the nuances of material alteration to an offer under the CISG.

Recognize who is considered a merchant under Article 2 of the UCC.

Understand the definition and importance of good faith in commercial transactions.

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Definitions:

Written Memos

Brief written messages, typically used within an organization to communicate information, directives, or updates.

Important Instructions

Critical or necessary directions or orders that need to be followed.

Immediate Action

A prompt response or decision taken swiftly to address a situation or problem.

Workplace Professionalism

The conduct, behavior, and attitude of an individual in a work environment, highlighting competence and ethical standards.