The Collection of Values That a Society Considers Important and the Norms

question 70

Multiple Choice

The collection of values that a society considers important and the norms of behavior that are approved by the society are known as:

• A) sociocultural forces.
• B) economies of scale.
• C) the national culture.
• D) the task environment.
• E) demographic forces.

---

Definitions:

Ineffective Systems

Structures or processes within an organization that fail to achieve the desired outcome or efficiency.

Merit Pay Plans

Compensation strategies that provide financial rewards to employees based on their performance achievements, aiming to motivate and retain talent.

Conventional Merit Pay

A traditional form of compensation where employees are rewarded based on their performance and achievements, typically evaluated through annual reviews.

One-Time Payment

A single, non-recurring payment made for a specific purpose or event.