According to the ________ definition of organizations, an organization is seen as a means by which primary production factors are transformed into outputs consumed by the environment.
A) microeconomic
B) macroeconomic
C) sociotechnical
D) behavioral

Question

Quizplus · Accepted Answer

The microeconomic definition of organizations focuses on their role in transforming inputs (such as labor and capital) into outputs (goods or services) that are consumed by the environment (customers or clients). This definition emphasizes the organization's economic function and its relationship to the broader market. The other options listed focus on other aspects of organizations, such as their social or technological dimensions, which are not central to this definition.

According to the ________ Definition of Organizations, an Organization Is