Organizational Values and Norms Do Not Have Any Influence on an Employee's

question 56

True/False

Organizational values and norms do not have any influence on an employee's decisions and actions.

---

Definitions:

Cartel

An association of independent companies or organizations formed to control production, pricing, and marketing of goods to suppress competition.

Perfectly Competitive

A market structure where there are many buyers and sellers, goods are homogeneous, and there is free entry and exit in the market.

Marginal Cost

The boost in overall cost that comes from generating one extra unit of a product or service.

Quantity Effect

The change in quantity demanded or supplied of a product as a result of changes in its price.