How Does the Text Define Organizational Trust

question 21

Multiple Choice

How does the text define organizational trust?

• A) having a positive attitude that another member of the organization will be fair and not take advantage of one's vulnerability in a risky situation
• B) being aware of, and approving of, coworker's actions, beliefs, and attitudes with respect to the organizational mission
• C) free, fair, and regular communication by employers and managers in an organization about their goals and practices to employees
• D) accepting that other members of the organization will act in the best interest of the organization as a whole and not out of self-interest

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Definitions:

Spot Rate

The current price at which a particular currency can be bought or sold for immediate delivery.

Adjustment

An entry made in the accounts to correct a mistake or account for a transaction not reflected in the current financial statements.

Bonds

Bonds are debt securities issued by entities such as corporations or governments to raise funds, promising to repay the borrowed money at a specified interest rate over a set period.

Interest

The cost of borrowing money or the income earned from lending money, usually calculated as a percentage of the principal amount.