The Grapevine of an Organization Is Best Defined as

question 58

Multiple Choice

The grapevine of an organization is best defined as

• A) a network that follows a set pattern of communication within the organization.
• B) a network that is highly dependent on the computational skills of the organization's employees.
• C) a collection of the simple, well-defined communication streams within an organization.
• D) the informal network used by employees within an organization.
• E) the network used by an organization to communicate with its core business partners.

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Definitions:

Third-Degree Price Discrimination

A pricing strategy where different prices are charged to different groups of consumers for the same product, based on elasticity of demand.

Monopoly Power

The ability of a single seller to set prices and control the market for a good or service without significant competition.

Peak-Load Pricing

Practice of charging higher prices during peak periods when capacity constraints cause marginal costs to be high.

Two-Part Tariff

Form of pricing in which consumers are charged both an entry and a usage fee.