The Shared Values About Organizational Functioning Held by the Majority

question 33

Multiple Choice

The shared values about organizational functioning held by the majority of organization members is known as the ________.

• A)leading organization subculture
• B)organization design
• C)organizational hierarchy
• D)dominant organization culture
• E)organizational effectiveness

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Definitions:

Mercantilism

An economic theory and practice dominant in Europe from the 16th to the 18th century, focusing on accumulating wealth through trade and having a positive balance of trade.

Higher Rates

Increased levels of a particular measure, often referring to interest, inflation, or pricing rates compared to a standard or previous period.

Military Forces

Organized units or groups armed and trained for combat, defense, or enforcement purposes by a nation.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors using the same amount of resources.