The First Bank to Receive a Check for Collection Is

question 20

Multiple Choice

The first bank to receive a check for collection is the:

• A) depositary bank.
• B) drawee bank.
• C) payor bank.
• D) intermediary bank.

Comprehend the role of culture in shaping conformity and group behavior.

Identify and understand organizational politics and its effects.

Understand the role of power and political tactics within an organization.

Recognize the importance of building trust and limiting political behavior in an organization.

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Definitions:

Elton Mayo

A pioneering researcher in organizational theory, particularly known for his work on the Hawthorne Studies, which highlighted the importance of social relations in the workplace.

Mutual Respect

A reciprocal understanding and recognition of the value and importance of others, fostering positive relationships and communication.

Theory Y

A management approach that assumes employees are motivated, self-directed, and enjoy the work they do, advocating for a participative style.

Quite Creative

Demonstrating a high level of ingenuity and uniqueness in thinking or producing.