Informal groups consist of friendship and __________ groups.
Fill in the blank(s) with the appropriate word(s).
interest
Rationale: Whereas formal groups and teams are established by an organization, informal groups are formed by their members and consist of friendship groups, which are relatively permanent, and interest groups, which may be shorter-lived.
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A common statutory restriction is reported on the income statement; whereas a common contractual restriction is reported in the stockholders' equity section of the balance sheet.
Answer the following statement true (T) or false (F)
If rates of pay are high, which creates a large applicant pool, then organizations may choose to raise their selection standards.
Answer the following statement true (T) or false (F)
You will write a bad-news message when you need to ask colleagues if they are available for a meeting. _________________________
Answer the following statement true (T) or false (F)
A marketing channel is defined as a group of individuals and organizations that
A. consumes about one-half of every dollar spent on products in the United States. B. directs the flow of products from producers to customers. C. links producers to other marketing intermediaries. D. takes title to products and resells them. E. manages transportation and warehousing functions.