Explain the outcomes in an organization when trust is high. Also explain the outcomes in the workplace when it is low.

What will be an ideal response?


People tend to work better together and are more focused on their duties when
trust is high. Recent research found that people working in a high-trust environment
tend to take more risks, such as initiating new ideas or admitting mistakes, display
citizenship behaviors like going the “extra mile” on a work task or project, and exhibit
fewer ineffectual or counterproductive behaviors like absenteeism or social loafing. In
contrast, employees working in a low-trust organizational environment are more likely to be distracted from their duties, lack engagement in their tasks, exhibit defensive behaviors, display apathy toward organizational goals, and have higher levels of absenteeism.

Business

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A) having consumers use the product on more occasions B) having consumers use more of the product on each occasion C) having consumers use the product in new ways D) remaining in the current market segment E) attracting competitors' customers

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An owner of a stable of racehorses has been earning below-average returns for more than 15 years. To a colleague, he expressed his determination to stay in horse racing until he died because "racing is in my blood." This individual is probably still racing horses because of:

A. high barriers to exit. B. high switching costs. C. high fixed costs. D. low levels of competitive rivalry.

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In cultural settings, such as the Far East where persons are hesitant to discuss their feelings in group situations, depth interviews should be used

Indicate whether the statement is true or false

Business

What are the capture theory and the lifecycle theory of regulation, and how do they apply to the regulation of accounting?

What will be an ideal response?

Business