Which of the Following Is False

question 23

Multiple Choice

Which of the following is false?

• A) Isomorphism refers to the adaptation of an institutional practice by an organisation
• B) Normative isomorphism is when organisations adopt particular institutional practices
• C) Coercive isomorphism is when organisations change their practices due to stakeholder pressure
• D) Mimetic isomorphism is when organisations copy the institutional practices of other organisations for competitive advantage practices

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Definitions:

Supply Schedule

A table or graph showing the quantity of a good that producers are willing and able to supply at different prices.

Tax Rate

The rate at which taxes are levied on an individual or a company's income.

Supply Elasticity

A measure of how much the quantity supplied of a good responds to a change in price, indicating the good's price sensitivity on the supply side.

Price Elasticity

The extent to which price adjustments impact the quantity of a good that consumers want to buy.