The use of market control mechanisms has been criticized by those who believe that
A) they rely too heavily on rules and procedures.
B) economic measures do not adequately reflect the complete value of an organization.
C) they are too dependent on the organizational culture.
D) economic measures are the only reflection of environmental sustainability.
E) decision making and power are too centralized when they are in use.

Question

Quizplus · Accepted Answer

Critics argue that market control mechanisms, such as financial incentives and penalties, primarily focus on economic measures like profits and revenues, which do not fully capture the value of an organization or account for factors like environmental sustainability or social responsibility.

The Use of Market Control Mechanisms Has Been Criticized by Those