Question

Which of the following is the most pertinent argument against market control mechanisms?

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 organization culture.

D. Hierarchical structure is the only valid way to determine the future success of an organization.

E. Decision making and power are too centralized when they are in use.

Answer 1

The most pertinent argument against market control mechanisms is that decision making and power are too centralized, they rely heavily on rules and procedures, and economic measures do not always reflect the complete value of an organization.

Step-by-step explanation:

The most pertinent argument against market control mechanisms is that decision making and power are too centralized when they are in use. This means that a small group of individuals possesses the authority to make important decisions, which can hinder innovation and adaptability.

Furthermore, market control mechanisms rely heavily on rules and procedures, which can stifle creativity and flexibility. Organizations may become overly bureaucratic and slow to respond to changing market conditions.

Lastly, economic measures do not always accurately reflect the complete value of an organization. Market control mechanisms tend to prioritize financial performance, often at the expense of other important aspects, such as employee well-being or environmental sustainability.