What is an economic perspective?


Quick Answer

The economic perspective focuses on how resources are distributed in an organizational setting. Philosophies that stem from the economic perspective concentrate on leveraging or manipulating those resources.

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What is an economic perspective?
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Full Answer

An example of the economic perspective would be how the U.S. Government is able to run a deficit to fund a war but is unable to do the same for war veterans. The perspective focuses on how resources may be distributed and leveraged between the two.

There are three other perspectives associated with the economic perspective: information processing, which focuses on the nature of information in an organization; the motivational perspective, concentrated on what gets in the way of worker satisfaction; and the political perspective, defined in terms of inner-organizational conflict.

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