A Huge Multinational Organization Has Thousands of Employees Working Under

question 26

Multiple Choice

A huge multinational organization has thousands of employees working under it. A small group of employees meet on a regular basis to produce high-quality solutions to problems related to operations of the organization. What is this type of group called?

• A) Quality circle
• B) Affinity group
• C) Professional group
• D) Recovery circle

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Definitions:

Treasury Stock

Shares that were once issued and outstanding but were subsequently reacquired by the issuing company and are held in the company’s treasury.

Outstanding

Something that is exceptionally good or remaining unpaid or unresolved.

Indenture

A formal legal agreement, contract, or document, especially one regarding debt or bonds, specifying terms and conditions.

Debt Agreement

A formal arrangement between a debtor and creditors which outlines the terms of debt repayment.