The Key Characteristic of Organisational Culture Which Addresses the Degree

question 52

Multiple Choice

The key characteristic of organisational culture which addresses the degree to which management decisions take into consideration the effect of outcomes on people within the organisation is termed:

• A)people orientation
• B)innovation
• C)outcome orientation
• D)attention to detail

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Definitions:

Diminishing Rate

A principle stating that as one factor of production increases, while others stay constant, the resulting increase in output will eventually decrease.

Total Utility

The entire pleasure derived from using a certain total volume of a good or service.

Total Utility

Total utility is the total satisfaction or benefit a consumer receives from consuming a particular quantity of goods or services.

Diminishing Marginal Utility

The decrease in satisfaction or utility that a person derives from consuming each additional unit of a good or service.