Asked by Osayama Jackie on Apr 24, 2024

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In a(n) ____ culture,the relationship between the individual and the organization is contractual,with the obligations of each party agreed upon in advance.

A) market
B) clan
C) entrepreneurial
D) Such contractual arrangements exist in all three of these cultures.

Contractual Obligations

Legal agreements and duties that parties must fulfill as part of a contract, often enforceable by law.

Individual

pertains to a single human being as distinct from a group, class, or family.

Organization

A structured group of individuals working together towards shared goals or objectives, often formalized through roles and hierarchies.

  • Recognize the distinctiveness of multiple organizational cultures, such as entrepreneurial, clan, bureaucratic, and market.
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AS
ARSHDEEP SINGHMay 02, 2024
Final Answer :
A
Explanation :
In a market culture, the relationship between the individual and organization is based on a transactional model where both parties enter into contractually binding obligations. The organization provides compensation in exchange for the employee's services, and the employee agrees to fulfill their job responsibilities. Clan cultures are based on loyalty and relationships, and entrepreneurial cultures are characterized by creativity and risk-taking. While contractual arrangements may exist in all three cultures, they are most prominent in market cultures.