OB Knowledge Is Derived Exclusively from Organization Theory

question 95

True/False

OB knowledge is derived exclusively from organization theory.

---

Definitions:

Labor Market

The supply and demand dynamics for labor, where employers seek to hire workers, and workers seek employment.

Workplace Governance

The systems, policies, and practices that control and direct the activities within a workplace, including the management of relationships among stakeholders.

Industrial Relations School

A field of study and practice focusing on the management of workplace and labor relations, including the roles of unions, employers, and governments.

Bargaining Power

The ability of one party to negotiate favorable terms in a deal because of its leverage or strategic advantage over another party.