The key people in a company's grapevine typically have considerable influence in the organization.
Answer the following statement true (T) or false (F)
True
The grapevine is the informal organization's nerve center. Unofficial information flows through this system.
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Coalitions form all the time-between family members, in political organizations, and within and across businesses. Yet in each of these contexts, the fundamental dynamic is the same. What is that dynamic?
What will be an ideal response?
When comparing the percentage-of-completion and completed-contract methods of accounting for long-term construction contracts, both methods will report the same
a. balances each period in the Progress Billings account. b. expense for cost of construction each year. c. amount of income in the year of completion. d. inventory carrying value each year during the construction period.
Many organizational practices have historically resulted in ignoring or silencing alternative voices, and this has been especially true for ______.
a. members whose identities were identical to those of management b. members who preferred to speak up in organizational meetings c. members whose identities were not identical to those of management d. members who preferred to remain silent in organizational meetings
Through an accident you discovered that the farm that you own sits on a major oil field.You have decided that you want to tap this resource but know that you don’t have the equipment or the know-how to drill for oil. After studying business, you have determined that you should form either a joint venture or a syndicate. Briefly describe these two forms of business, and explain their differences.
What will be an ideal response?