The Open Systems Perspective of Organizational Behaviour States That

question 80

Multiple Choice

The open systems perspective of organizational behaviour states that:

• A)organizations take their sustenance from the environment and in turn affect that environment.
• B)organizations can operate efficiently by focussing on what they do best and ignoring changes in the external environment.
• C)people are the only important and valued organizational input.
• D)organizations should be viewed as machines with one working part.
• E)All of the answers are correct.

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Definitions:

Consumers

Individuals or entities that use or consume goods and services produced within an economy.

Endowments

The resources or assets that are provided to individuals or institutions which can generate income or have intrinsic value.

Competitive Pure Exchange Economy

An economic model where agents trade existing goods without the production of new goods, under perfect competition.

Initial Endowment

Refers to the initial allocation of goods, resources, or wealth that an individual or entity possesses before engaging in any transactions.