For ________To Be Effective, There Must Be Mutual Trust and Credibility

question 40

Multiple Choice

For ________to be effective, there must be mutual trust and credibility between managers and employees.

• A) negotiation
• B) participation
• C) coercion
• D) education

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Definitions:

Resources

Assets, materials, or other items of value that can be used to produce goods and services or to achieve objectives.

Porter's Strategy

Refers to competitive strategies introduced by Michael Porter, including cost leadership, differentiation, and focus strategies aimed at gaining competitive advantage.

Competitive Advantage

An advantage over competitors in some measure such as cost, quality, or speed; leads to control of a market and to larger-than-average profits.

Virtual Reality

An interactive computer-generated experience taking place within a simulated environment, incorporating mainly auditory and visual, but sometimes other types of sensory feedback.