Most Successful Organizations Minimize the Need for Explicit Rules,regulations,and Other

question 89

Multiple Choice

Most successful organizations minimize the need for explicit rules,regulations,and other boundaries by

• A) posting written statements of the organizational goals and objectives.
• B) discouraging the formation of subcultures that isolate work groups.
• C) designing effective reward systems.
• D) encouraging employees to see themselves as free agents.

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Definitions:

Units

A measurement or quantity of something, used in various contexts such as economics, to quantify production, sales, or other items.

Purely Competitive

A market structure characterized by an infinite number of small buyers and sellers where the product is a commodity, allowing no single participant to significantly influence price.

Resource Market

The marketplace where resources or inputs (such as labor, raw materials, and capital) are bought and sold for the purpose of producing goods and services.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a resource, typically labor.