Organizations Can Be Divided into Three Groups Based on Differences

question 43

Multiple Choice

Organizations can be divided into three groups based on differences in degree of employee commitment. These groups include

• A) advertising, marketing, and finance related firms.
• B) HR, sales, and engineering companies.
• C) innovative, adaptive, and lethargic firms.
• D) planning, executing, and accomplishing organizations.

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Definitions:

Cyclical Unemployment

Unemployment that rises during economic downturns and falls when the economy improves, linked to business cycles.

Frictional Unemployment

Unemployment that occurs when people are between jobs or are entering the labor market for the first time.

Discouraged Workers

Individuals who are not actively seeking work because they believe no jobs are available for them or there are no jobs for which they would qualify.

Unemployment Rate

The rate of unemployment among people actively looking for work in the labor force.