Informal Social Networks of Professionals and Employees Within and Outside

question 17

Multiple Choice

Informal social networks of professionals and employees within and outside the firm who have similar work-related activities and interests are called communities of:

• A)practice.
• B)professionals.
• C)interest.
• D)knowledge.
• E)expertise.

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Definitions:

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good supplied.

Vertical

Referring to the direction pointing up or down, perpendicular to the horizontal plane.

Inverse Demand Function

A mathematical function that expresses price as a function of quantity demanded, showing the price at which consumers are willing to purchase a certain quantity of a good.

Inverse Supply

A representation of the relationship where the price of a good influences the quantity supplied, typically showing higher quantities supplied at higher prices.