________ Is Not Established at Once by a Manager,but Evolves

question 34

Multiple Choice

________ is not established at once by a manager,but evolves slowly over time.

• A)Corporate governance
• B)Organizational ecology
• C)Organizational space
• D)Corporate behavior
• E)Organization culture

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Definitions:

Societal Choices

Decisions made by a society as a whole about the allocation of resources and priorities among different uses.

Opportunity Cost

The worth of the best alternative given up as a consequence of a decision made.

Utility

The subjective benefit or satisfaction a person expects from a choice or course of action.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources, leading to the necessity of making choices.