The Rate of Institutional Isomorphism Is Increased When Firms

question 12

Multiple Choice

The rate of institutional isomorphism is increased when firms:

• A) Are highly dependent on the institutional environment
• B) Exist under high uncertainty or ambiguous goals
• C) Rely extensively on professionals
• D) All of the given options are correct.

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Definitions:

Family

A social unit consisting of individuals related by blood, marriage, or other forms of partnership and commitment.

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Economic Rent

It is the payment to an owner or factor of production in excess of the costs needed to bring that factor into production. In other words, it's the extra income earned from a resource without investing in additional effort or cost.

Net Productivity

The actual output after subtracting the inputs used in the production process, indicating the efficiency of production.