A Company May Use Any or All of the Mechanisms

question 42

Multiple Choice

A company may use any or all of the mechanisms of mimetic,coercive,or normative forces to change itself for greater _____ in the institutional environment.

• A)profit
• B)market share
• C)resource dependency
• D)legitimacy

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Definitions:

Biggest Furniture Retailer

Refers to the largest company or store in terms of sales or market presence that specializes in selling furniture.

Autonomy

The capacity to make an informed, uncoerced decision or the degree to which a job provides the employee with the discretion and independence to schedule their work and determine how it is done.

Differentiation

The process of making or perceiving a difference between items or entities, often used in business strategy to distinguish products or services.

Introducing Innovations

The process of implementing new ideas, products, or methods within an organization or society to improve efficiency, effectiveness, or outcomes.