In 1727, ________ Formed the ________, a Forerunner of Modern-Day

question 10

Multiple Choice

In 1727, ________ formed the ________, a forerunner of modern-day civic clubs. His own values included ________, ________, and ________.

• A) Thomas Jefferson; Masons; liveliness; liberty; freedom
• B) Alexander Hamilton; Shriners; order; service; resoluteness
• C) John Adams; Rotary; service; trust; fidelity
• D) Benjamin Franklin; Junto; justice; moderation; humility
• E) George Washington; Grange; truth; honor; liveliness

Understand the impact of information technology on social behavior and team dynamics.

Learn how physical environment and information dependence affect team functionality.

Describe the characteristics and operational dynamics of virtual teams.

Grasp the consequences of virtual distance on communication effectiveness.

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Definitions:

Strategic Benefits

Advantages gained by a business that help it achieve its organizational goals, often through improved competitiveness or market positioning.

Acquisition

The process of acquiring control of another company or asset.

Economies of Scale

Refers to the cost advantage experienced by firms when production becomes efficient, as the scale of production increases, leading to a decrease in average costs per unit.

Horizontal Merger

A merger between companies in the same industry, often aiming to increase market share, reduce competition, or achieve economies of scale.