Two Formal Groups That Are Often Established in Organizations Are

question 61

Multiple Choice

Two formal groups that are often established in organizations are ________ and ________.

• A)transitory groups;recurrent groups
• B)interest groups;committees
• C)in-groups;out-groups
• D)committees;work teams
• E)interest groups;work teams

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Definitions:

Saving Incentives

Financial or policy incentives designed to encourage individuals or companies to save money rather than spend it.

Interest Rate

The cost of borrowing money, typically expressed as an annual percentage of the principal.

Investment

The action or process of investing money for profit or material result.

Interest Rate

The percentage of an amount of money charged by lenders to borrowers for the use of money, usually expressed as an annual rate.