How We Make Economic Decisions Depends on the Values We

question 25

Multiple Choice

How we make economic decisions depends on the values we give to both goods and ideas,which in turn depend on:

• A)family.
• B)culture.
• C)geography.
• D)education level.
• E)physical ability.

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Definitions:

Management Theories

The study of different concepts and models that describe how to manage an organization’s resources, operations, and employees effectively.

Global Management Attitudes

Perspectives and approaches that managers adopt to handle and direct international organizations and employees.

Management Attitudes

Refers to the beliefs, values, and dispositions that managers hold towards their roles, responsibilities, and towards the people they manage.

Tight Cultures

Societal or organizational cultures that have strict norms and rules, and impose severe penalties for deviance.