According to DiMaggio and Powell, Which of the Following Is

question 19

Multiple Choice

According to DiMaggio and Powell, which of the following is NOT one of the pressures associated with the similarities in the actions of organizations that result from the interconnectedness of organizations that operate in the same sector or environment?

• A) Coercive pressure
• B) Mimetic pressure
• C) Normative pressure
• D) Ethical pressure

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Definitions:

Monopsonist

A monopsonist is a market condition where there is only one buyer facing many sellers, allowing the buyer to exert significant control over prices.

Monopsonistic Employer

An employer who has significant control over the labor market and is the only or dominant buyer of labor, allowing them to influence wages and employment conditions.

MRP

The marginal revenue product, representing the additional revenue generated from employing one more unit of a factor, such as labor or capital.

Labor Supply Curve

A graphical representation showing the relationship between the wage rate and the quantity of labor workers are willing to offer.