Author Question: In which of the following situations is an organization most likely to use game theory? A) The ... (Read 61 times)

waynest · **on:** Jul 7, 2018

In which of the following situations is an organization most likely to use game theory?

A) The organization has a monopoly in its industry.
B) The organization competes against a limited number of rivals in its domain and they are highly interdependent.
C) The organization produces customized products for its customers and operates in a stable environment.
D) The organization produces and sells commodities and competes against a large number of rivals.

Question 2

Differentiate between sequential and random socialization tactics.

What will be an ideal response?

cpetit11 · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

B

Answer to Question 2

Socialization is the process by which members learn and internalize the values and norms of an organization's culture. Sequential tactics provide newcomers with explicit information about the sequence in which they will perform new activities or occupy new roles as they advance in an organization. With random tactics, training is based on the interests and needs of individual newcomers because there is no set sequence to the newcomers' progress in the organization.