Examlex

Solved

Global Competition, Rapid Technological and Environmental Changes Are Forcing Organizations

question 4

True/False

Global competition, rapid technological and environmental changes are forcing organizations to become more hierarchical and immutable.


Definitions:

Knowledge-based Economy

An economic system where growth is dependent on the quantity, quality, and accessibility of information, rather than the means of production.

Expert Power

The influence a person has over others due to their expertise, skills, or knowledge.

Industrial

Related to the production and manufacturing of goods in an organized and systematic manner for economic purposes.

Reward Power

The capacity to influence others by controlling the allocation of rewards valued by them, effectively motivating or encouraging specific behaviors.

Related Questions