informal groups in an organization can become a powerful force that managers cannot ignore.T/F
Answers
The statement " Informal groups in an organization can become a powerful force that managers cannot ignore" is True.
Informal groups are groups of people who come together voluntarily based on shared interests, goals, or social relationships that are not formally recognized by the organization. These groups can form spontaneously within the workplace or outside of it, and they can have a significant impact on how work is done and how people behave within the organization.
Informal groups can have a number of different forms, including social cliques, interest groups, and task-oriented groups. They can form around a wide range of issues, from socializing and networking to advocating for certain policies or challenging the status quo.
Managers cannot ignore informal groups because they can have a significant impact on the organization's performance and culture. These groups can influence employee morale, productivity, and satisfaction, as well as the informal norms and values that shape how people behave within the organization. If informal groups feel that their interests are not being represented or their concerns are not being addressed by management, they can become a source of resistance to change and even disrupt the organization's operations.
To effectively manage informal groups, managers need to understand their dynamics and work to establish positive relationships with their members. This can involve communicating with them, involving them in decision-making, and recognizing their contributions to the organization. By doing so, managers can harness the power of informal groups to drive positive change and improve the overall performance of the organization.
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Related Questions
Which one is it?
Subject: Economics
Foolproof Module 6
Answers
Answer:
True.
Explanation:
A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.
A 0% interest credit card refers to a credit card that has no interest charged on it for a specific period of time, usually between twelve (12) and twenty-one (21) months.
Thus, a credit card holder with a 0% interest won't have to pay interest on any purchase for the duration of the incentive.
However, the 0% interest card holder is still required to make monthly minimum payments and must be made promptly.
Hence, if you make a late payment on a 0% interest card, you're responsible for paying the entire interest from the time you opened the card.
Which of the following is not an example of professional behavior
?
Answers
Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about
doubling your money every day. This information is
reliable and relevant
unreliable and relevant
reliable but Irrelevant
unreliable and irrelevant
Answers
Answer:
When Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about doubling your money every day.
Unreliable and relevant
Explanation:
The reasons behind this answer are that at the first pace is relevant because she was looking for a place to use her savings to make more money. However, this is not a very reliable source of information because it is a random website and has no way to verify the authenticity and security of the operations that she could potentially make on it.
Unreliable and relevant
Explanation:
First off it is Very Unreliable because you cant just double your money, that money will NEED to be earned by work which takes time, This is relevant because it seems like a relevant idea to people to just double money but just because this is relevant does not make it Reliable, therefore making this Answer "Unreliable and relevant."
The supply curve for oil slopes upward because oil will only be extracted from more costly sources when the price of oil is lower oll will only be extracted from more costly sources when the price of oil is higher. no oil producer is willing to extract oil when the price of oil decreases. oil producers do not react to any change in the price of oil.
Answers
The supply curve for oil slopes upward because oil will only be extracted from more costly sources when the price of oil is higher. The correct option is A).
The statement explains that oil producers will only extract oil from more costly sources when the price of oil is higher, which is the underlying principle of supply and demand.
As the price of oil increases, oil producers are incentivized to extract oil from more expensive sources, which increases the supply of oil and causes the supply curve to slope upward.
This is a fundamental concept in economics, and understanding it is essential for predicting the behaviour of oil producers in response to changes in the market. So, the correct answer is A).
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describe the importance of section officer
Answers
Answer:
Section officer are important to give and take the services , cater the services effectively , distribute work among the staff as evenly as possible , drafts laws , put up notes , prepare summaries , manage the relevant record and data of concerned department, reply to letters , communicate with other departments , maintain order and discipline in the section maintenance, etc
When the economy is in short-run equilibrium, Question 8 options: there are increases in inventory. there are decreases in inventory. total expenditures equal total production. people want to buy more than will be produced.
Answers
Answer: total expenditures equal total production.
Explanation:
If an economy is going through a short-term equilibrium, it means that people/ consumers are buying/ demanding the same amount of goods being produced in the market.
Total expenditure shows the amount people spend on goods and services and total production shows the total amount produced. If these two are equal then the situation above holds true as it means that consumers are demanding the same quantity of goods and services produced.
how is it possible to have high sales and high profits and run out of cash
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Having high sales and high profits is certainly a positive thing for any business. However, it is still possible to run out of cash despite these successes. This is because profits are not the same as cash.
Profit is the amount of money left over after all expenses have been deducted from revenue. Cash, on the other hand, refers to the actual amount of money that a business has on hand to pay its bills and expenses. So, even if a business is making a lot of profit, if the money is not coming in fast enough or there are delays in receiving payments from customers, the business may run out of cash.
Furthermore, having high sales can also lead to increased expenses such as higher production costs, marketing costs, and staff expenses. If a business is not managing its cash flow properly, it may struggle to pay its bills and meet its financial obligations.
To avoid running out of cash, businesses need to effectively manage their cash flow by closely monitoring their expenses, collecting payments from customers promptly, and planning for unforeseen expenses. They can also consider options such as applying for a business loan or line of credit to provide additional cash flow.
In summary, having high sales and high profits does not necessarily guarantee that a business will not run out of cash. Effective cash flow management is critical to ensuring that a business has the necessary funds to operate and grow.
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Wildhorse Co. shows the following balances in selected accounts of its adjusted trial balance. Supplies $25,600 Supplies Expense 4,800 Accounts Receivable 9,600 Dividends 17,600 Retained Earnings 56,000 Service Revenue 86,400 Salaries and Wages Expense 32,000 Utilities Expense 6,400 Rent Expense 14,400
Answers
Wildhorse Co. had a net income of $27,200 ($86,400 - $32,000 - $6,400 - $14,400) and paid $17,600 in dividends, resulting in an increase of $9,600 in retained earnings.
Based on the given information, Wildhorse Co. reported service revenue of $86,400. Deducting the expenses, such as salaries and wages ($32,000), utilities ($6,400), and rent ($14,400), their net income is calculated as $27,200 ($86,400 - $32,000 - $6,400 - $14,400). The company also paid dividends amounting to $17,600. To determine the change in retained earnings, we subtract the dividends from the net income. Therefore, Wildhorse Co. experienced an increase of $9,600 in retained earnings ($27,200 - $17,600). Retained earnings represent the portion of net income that is retained by the company instead of being distributed to shareholders as dividends.
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Which of the following would not be provided to entrepreneurs through a business incubator?
Assistance developing a marketing plan
Assistance with meeting any regulatory hurdles
Assistance with salaries for new employees
all of the above
Answers
Answer:
all of the above hope it helps
Answer:
all the above
When you are in the good to excellent credit score range, you are likely going to get a better interest rate.
True
False
Answers
Answer:
True
Explanation:
Question #2
A company creates an identity for a product through its logo,
packaging and promotions. Customers like the product and
remember their good feelings every time they see something
about the product. They continue to buy the product and also tell
their friends about it, which increases sales. What is this an
example of?
Product Life Cycle
Product Mix
Product Classification
O Branding
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frank and two other machinists want to form a bargaining unit at nelson manufacturing. what is the first step frank and his coworkers need to take? group of answer choices becoming certified campaigning for election petitioning for election collecting authorization card signatures
Answers
The proper response, that is, is to collect signatures from authorization cards. (a). The initial action that Frank and his colleagues must take is to obtain the authorization cards' signature.
A person who has been granted permission to sign papers on behalf of the authorising company is referred to as an authorised signatory or signer. The document must be signed by both sides. As a result, it has judicial significance. Such a letter can be used as evidence in court if and when a legal problem arises. The letter should be signed by the individual receiving care, or by the carer on their behalf.When signing a letter on someone else's account, the Latin phrase per procurationem is abbreviated as pp.
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QUESTION
(a) collecting authorization card signatures
(b)campaigning for election
(c) becoming certified
d) petitioning for election
What does it mean to underwrite a share issue?
Answers
Explanation:
What does it mean to underwrite a share issue
a random sample of 40 ucf students has a mean electricity bill of $112. assume the population standard deviation is $19.20. construct a 90% confidence interval for the mean electricity bill of all ucf students. round final answer to two decimal places.
Answers
The answer of the given question is 90% CI for mean electricity bill is $107.02 < mean <$116.98
A z-score table displays the percentage of values (often expressed as a decimal number) on a normal distribution to the left of a specific z-score. Start by reading off the area in the common normal distribution table to locate the region to the right of a positive z-score.
We deduct the area from the table from 1 since the overall area under the bell curve is 1 (a decimal value that is 100% identical).
Use the same table but ignore the negative sign if your z-score is negative, and then deduct the area from the table from one.
Simply use the same table to locate the region above your z-score if you have a negative z-score and ignore the negative sign. like 90% CI for mean electricity bill is $107.02 < mean <$116.98
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Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?
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a. Greyhound bus system
(NEED HELP ASAP)Which is a possible effect of identity theft?
Increased savings balance
Increased purchasing power
Decreased credit score
Decreased debt to credit load
Answers
The possible effect of identity theft is "Decreased credit score."
This is because when an identity of a credit card owner is stolen, often the stealer tends to use the information of the credit card owner to borrow more money or buy expensive goods and run away with it.
This often leads to more debt for the original credit card owner.
In turn, having more debt on a single credit card without repayment as at when due leads to "Decreased credit score."
Hence, in this case, it is concluded that the correct answer is option C. "Decreased credit score."
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Answer:
Decreased credit score
Multiple choice!
A new music venue opens up in town. The loud noise and rowdy crowds makes living in your neighborhood less desirable. Your home value drops. This is an example of what?
Government involvement
Spillover cost
Wealth gap
Inflation
Answers
Answer:
Spillover cost.
Explanation:
Spillover cost refers to those costs or changes in the value of a certain good that are caused by issues external to the intrinsic characteristics of said good. Thus, for example, external influences such as limitations on oil extraction or the development of electric cars can generate a massive drop in the prices of conventional gasoline cars. Another clear example of this situation is the one described in the question, where a negative change in a certain neighborhood can lower the prices of the houses found there.
What will most likely happen if Karla pays off her car loan early?
O A. Her credit score will stay the same.
O B. Her interest rate will go up.
O c. Her credit score will increase.
D. Her credit score will decrease.
Answers
dozen or so of its outlets before relwasing it nationwide. when the company does this, it is engaged in
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When a company releases a dozen or so of its outlets before releasing it nationwide, it is engaged in the process of market testing.
The process of market testing is where a company releases a product to a small segment of the population before releasing it to the public or to a larger market. This is done to test the product and its effectiveness before spending money on mass production. Market testing is used to determine the following aspects of a product:
The quality of the product: The price range that is acceptable to consumers. If the product meets customer needs.
Marketing of the product: The success of the product in the market
Thus, a company releases a dozen or so of its outlets before releasing it nationwide when they want to conduct market testing. This is done to ensure that the product is successful in the market and meets the customers' needs before releasing it to a larger market.
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FILL IN THE BLANK. given the desire of politicians to get reelected, they might try in the short run to use _____.
Answers
Given the desire of politicians to get reelected, they might try in the short run to use "populist policies."
Populist policies are measures designed to appeal to a wide range of voters by addressing popular concerns, often by offering quick fixes or short-term benefits. These policies may include tax cuts, increased social spending, or appeals to nationalist sentiments.
Politicians may adopt these policies to gain support from the majority of the electorate, who might be swayed by such promises, even if they aren't necessarily the most sustainable or fiscally responsible options. By focusing on short-term gains, politicians can build a strong following, helping them secure reelection.
However, populist policies can have negative long-term consequences. For example, tax cuts without corresponding spending reductions can lead to budget deficits, while increased social spending without proper funding sources can strain the economy. Additionally, appealing to nationalist sentiments can create divisions within society and may lead to increased social tensions.
In conclusion, politicians may try to use populist policies in the short run to secure their reelection, but these policies can carry long-term negative consequences for society and the economy. As voters, it is essential to look beyond the immediate promises and assess the potential long-term impact of any proposed policy.
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Do you think Lance is right to be concerned about Leroy's plan for growth? Justify your answer.
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Lance is right to be concerned about Leroy's plan for growth. Leroy's plan is not feasible, and Lance should communicate his concerns with Leroy.
Lance must convey his concerns to Leroy to assist him in developing a more feasible growth strategy. Leroy's plan is to double the size of his business within a year. It is a commendable goal, but the approach he has outlined is not feasible. Leroy is unable to raise the capital required for this growth strategy. He does not have the required cash reserves to finance the expansion, and acquiring the financing required for the expansion could result in high-interest rates. Leroy is also not ready to scale up his business.
He has inadequate staff and no systems or processes in place to ensure the smooth functioning of the business. He will need to employ more people, and he must have systems in place to manage these new employees effectively. Moreover, the market may not be ready for the company's growth. The company's sales growth may slow, leading to a decline in revenue. Leroy must do market research before scaling up his business. Lance should discuss all of these issues with Leroy and advise him on what to do next.
To summarize, Lance is justified in being concerned about Leroy's growth plan. It is critical for Leroy to recognize that scaling up his business would necessitate more than simply doubling its size. Leroy must reassess his goals and come up with a more realistic plan for growth.
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Why study international operations strategy and innovation?
Answers
Answer:
This challenging track, which combines an analytical understanding of the strategic decisions facing today's companies and the importance of innovation with the practical application of your knowledge through group work and case studies, will prepare you for leading positions in international business.
Explanation:
When banks have less money in required reserves they lend more money out to people and business. So Lower reserves usually help do what to the economy?
Answers
Answer:
Lower reserves increase the money supply in the economy.
Banks can either keep deposits in reserves or give them out as loans.
the lower the reserve ratio, the higher the money multiplier and the higher the money supply.
Lowering the reserves can be a form of expansionary monetary policy
Explanation:
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Increase in the total value of checkable deposit is determined by the money multiplier
Money multiplier = 1 / reserve requirement
Increase in value of total deposit = amount deposited / reserve requirement
Assume 100 is deposited in a bank and the reserve requirement is 10%
Increase in value of total deposit = 100 / 0.1 = 1000
Imagine that the reserve is reduced to 5%
Increase in value of total deposit = 100 / 0.05 = 2000
reducing the reserve requirement increased the value of total deposit and thus the money supply in the economy
Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her college textbooks every semester. She buys books about every 6 months, with roughly $550 due each time. She likes to save the money up in installments, with auto-deposits from each of her twice monthly paychecks. She’s wondering if her online savings account, earning 0.75%, is still her best option for monthly deposits toward her textbooks. Which account would you recommend? Why?
Answers
The account that I recommend for Janelle for saving towards her textbooks, which she buys every six months, is a Certificate of Deposit.
What is a Certificate of Deposit?A certificate of deposit is a fixed deposit account offered by banks and other financial institutions.
The advantage of a certificate of deposit over an ordinary saving is that it has a fixed interest rate and the rate is premium, that is higher than the ordinary savings account's interest rate.
Thus, since Janelle does not require the amount until six months, it would be better for her to choose a certificate of deposit that will earn a higher interest.
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You decide to group employees based on what they know. What basis for grouping employees will you use a. Output b. Knowledge and skills c. Work process
Answers
You decide to group employees based on what they know, so the basis for grouping employees will you use option b. Knowledge and skills.
A wide idea, knowledge is gained through reading, listening, and observing. Unlike skill, which relates to the capacity to perform duties or activities, it is frequently vague and generic. Skills are acquired through time through experience in a particular field of study or employment.
The two primary functions in a workspace are those of employers and employees. The primary distinction between an employer and an employee is who controls the business and provides the jobs for employees, whereas an employee is someone who works for the company and receives compensation.
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PLEASE
what is lean production? in details (GCSE) keywords.
Answers
Answer:
actually I am very sorry I didn't learn this I don't take business
Explanation:
Sorry would there be anything else I can help u with
When protecting the availability, integrity, and confidentiality of data, services, networks, and systems, the
of the data, service, network, or system should ideally not be compromised.
Answers
When protecting the availability, integrity, and confidentiality of data, services, networks, and systems, the security policies of the data, service, network, or system should ideally not be compromised.
What is the C-I-A security triad?The C-I-A security triad is an abbreviation for confidentiality, integrity and availability. Also, it can be defined as a cybersecurity model that is designed and developed to guide security policies for information security in a business firm, in order to effectively and efficiently protect and make their data available to authorized end users.
In this context, we can infer and logically deduce that the security policies of the data, service, network, or system should ideally not be compromised when protecting the availability, integrity, and confidentiality of data, services, networks, and systems.
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WHAT KIND OF INTERNATIONAL COMPNESATION SHOULD
TYPEWARE OFFER? case study- HBR case study- IN A WORLD OF PAY by
Bronwyn fryer
Answers
However, in general, when it comes to international compensation, companies often consider various factors such as local market practices, cost of living, prevailing wages, industry standards, and the skills and experience of employees. Some possible considerations for Typeware or any company offering international compensation could include:
1. Local Market Analysis: Conducting a thorough analysis of the local labor market in each country of operation to understand the salary levels, benefits, and other compensation practices for similar roles and industries.
2. Competitive Compensation Packages: Designing compensation packages that are competitive enough to attract and retain skilled employees in each specific market. This may involve offering a combination of base salary, bonuses, benefits, and additional perks.
3. Cost of Living Adjustments: Taking into account the cost of living differences between countries and adjusting compensation accordingly. For instance, employees working in high-cost locations may receive higher salaries or additional allowances to maintain a similar standard of living.
4. Equity and Fairness: Ensuring fairness and equity across employees regardless of their geographic location. This may involve establishing clear compensation structures, pay bands, and performance-based incentives that are applied consistently.
5. Compliance with Local Laws and Regulations: Adhering to local labor laws and regulations governing compensation, benefits, and taxation in each country of operation.
6. Employee Engagement and Retention: Considering non-monetary factors that contribute to employee satisfaction and retention, such as opportunities for career growth, professional development, work-life balance, and a positive company culture.
It's important to note that specific compensation decisions should be based on a comprehensive understanding of the company's goals, financial capabilities, and the specific context of each country or region where the company operates. Consulting with compensation experts, conducting market research, and seeking legal advice can also be valuable in developing an appropriate international compensation strategy.
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ypur store has average sales of $1,860 per day. it shrinkage rate is 3%. what will its losses be for an entire year?
a. $873
b. $7,660
c. $11,912
d. $18,396
Answers
Answer:
d. $18, 396
Explanation:
Average sales of the store per day = $1,680
Number of days in a year = 365
Total sales in a year = $1,680 x 365 = $6132,200
Shrinkage rate = 3%
Losses for an entire year = 0.03 x $6132,200 = $18,396
which of the following events must cause the equilibrium quantity to rise in the market for burritos? a.a new study shows eating burritos prevents cancer and there are fewer burrito sellers in the market. b.the price of pizza increases and the price of tortillas decreases. c.a new study shows eating burritos causes cancer and a new labor-saving technology is created for making burritos. d.consumer incomes increase, assuming burritos are an inferior good, and the prices of rice and beans increase.
Answers
The equilibrium extent in a market must upward jostle when each demand and furnish increase. When the fee of pizza increases, the demand for burritos increases because pizza and burritos are substitutes.
Which of the following occasions must purpose equilibrium quantity to rise?An enlarge in demand, all other things unchanged, will motive the equilibrium rate to rise; extent furnished will increase. A minimize in demand will motive the equilibrium price to fall; quantity provided will decrease.
Which of the following events will sincerely cause equilibrium price to rise?An make bigger in demand will motive an enlarge in the equilibrium charge and volume of a good.
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