An Organization Has Decided to Restructure Its Traditional Work Environment

question 104

Multiple Choice

An organization has decided to restructure its traditional work environment by adopting team-based approaches to work. How would this affect the organization?

• A) The employees will develop an individualistic approach to work.
• B) The quality of the work will decline.
• C) The employees will refrain from free riding and social loafing.
• D) The organization's productivity will increase.
• E) The organization's costs will rise.

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Definitions:

Guarantor

A party that agrees to be responsible for the debt or obligation of another if the original obligor fails to meet their obligations.

Statute of Frauds

A legal principle that requires certain types of contracts to be executed in writing and signed by the party to be charged.

Deed of Trust

A legal document in some states that involves a borrower, lender, and a trustee, securing a real estate transaction as collateral for a loan.

Surety

A person or entity that takes responsibility for the performance of another's obligations, such as fulfilling the terms of a contract or repaying a loan.