According to the ________ definition of organizations,an organization is seen as a means by which capital and labor are transformed by the organization into outputs to the environment.
A)microeconomic
B)macroeconomic
C)sociotechnical
D)behavioral
E)psychological

Question

Quizplus · Accepted Answer

The microeconomic definition of organizations focuses on the inputs, processes, and outputs of the organization, with a focus on how capital and labor are transformed into outputs for the environment. This definition emphasizes the economic aspects of organizations and their role in creating value for stakeholders.

According to the ________ Definition of Organizations,an Organization Is Seen