According to the Competing Values Model, If an Organization's Culture

question 20

Multiple Choice

According to the competing values model, if an organization's culture is based on control, efficiency, formal structures, and secure employment, it could be best described as a(n) _____.

• A)hierarchy
• B)clan
• C)market
• D)adhocracy
• E)meritocracy

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Definitions:

Take-Home Pay

Net income after all deductions like taxes, social security, and retirement contributions are subtracted from an individual's gross salary.

Nominal Wage

The wage paid to workers measured in current money terms, without adjusting for inflation, reflecting the actual amount received.

Price Level

The overall average price of the complete range of goods and services available in the economy.

Real Wage

The wage of an individual or group after adjusting for inflation, representing the purchasing power of those wages.