An organization is a group of two or more people working together to achieve common goals.
Indicate whether the statement is true or false
Question 2 - Pleasure in being recognized for one's work and the feeling of satisfaction gained from a job well done are examples of this type of reward.
Question 3 - The recognition that business activities affect society and the consideration of that impact when making business decisions is referred to as
A) business ethics.
B) corporate ethics.
C) code of ethics.
D) community responsibility.
E) social responsibility.
Question 4 - In the decline life-cycle stage of a product, less profitable versions of the product are sold at reduced rates to cut losses.
Indicate whether the statement is true or false
Question 5 - Through informal talks with employees, managers realized employees thought their plant would close, resulting in massive layoffs. A few were already seeking other employment. The managers responded promptly and aggressively to this rumor, assuring employees of the health of the corporation and the reasonable security of their jobs. Your managerial know-how tells you that these managers are attempting to
A) ignore inaccurate information because they know the truth eventually will become known.
B) respond to inaccurate grapevine information to minimize the damage such misinformation might cause.
C) eliminate the grapevine.
D) use the grapevine as a managerial tool.
E) reduce the credibility of information from the grapevine.
Question 6 - What is the term for the process used to determine the worth of a job?
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