The Economic Approach to Change Is Characterized by All of the Following

question 84

Multiple Choice

The economic approach to change is characterized by all of the following except:

• A) profit is the purpose of the organization
• B) leadership is top-down
• C) the focus is on the culture of the organization
• D) incentives lead performance

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Definitions:

Retail Trade

The selling of goods and services directly to consumers, including various formats such as brick-and-mortar stores and online sales.

Collective Bargaining Contract

A legal agreement between an employer and a labor union representing workers, outlining wages, hours, and working conditions for employees.

Union Members

Union members are individuals who belong to a labor union, an organization that represents workers in negotiations with employers over wages, benefits, and working conditions.

Closed Shop

A place of employment where only workers who are already members of a labor union may be hired.