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According to the Perspective That Organizations Are Interlocking Networks of Groups,managers

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According to the perspective that organizations are interlocking networks of groups,managers and leaders serve as "group processors" because they make the whole team function properly.


Definitions:

Game Theory

A theoretical framework for conceiving social situations among competing players and predicting their optimal decisions.

Strategic Situations

Scenarios where the outcomes depend on the actions of two or more decision-makers, each considering the others' likely responses.

Normative Economics

The part of economics involving value judgments about what the economy should be like; focused on which economic goals and policies should be implemented; policy economics.

Cheating On Agreements

The act of knowingly violating the terms of an agreement or contract, often to gain an unfair advantage or benefit.

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