The Informal Organization of a Business Is Probably Best Suited

question 141

Multiple Choice

The informal organization of a business is probably best suited to

• A) give workers a clear idea of where they stand in the organization.
• B) provide helpful guidelines about how to handle routine problems.
• C) provide a mechanism that generates careful reasoned decisions about critical issues.
• D) create a feeling of camaraderie among employees and encourage teamwork.

---

Definitions:

Insurance Premiums

The amount paid periodically to an insurance company by a policyholder for coverage.

Beneficiaries

Individuals or entities entitled to receive benefits or profits from contracts such as wills, insurance policies, or trust funds.

Life Expectancy

The average period a person is expected to live, based on demographic factors such as current age, gender, and health conditions.

Benefit Formula

A method used to calculate the amount of benefits, such as pensions, insurance payouts, or social security, based on factors like income, years of service, or contributions.