Many Organization Use Collaboration Because

question 7

Multiple Choice

Many organization use collaboration because

• A)the infrastructure to use collaboration exist in the organization.
• B)it makes for more effective business processes.
• C)it takes advantages of business graduates excellent communication skills.
• D)the results can be greater than the results produced by a single individual.
• E)workflow control software exists.

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Definitions:

Shared Commitment

A mutual understanding and agreement among members of a group to work towards a common goal or adhere to a set of standards.

Organizational Environment

Encompasses the external and internal factors that influence an organization's operating conditions, including economic, technological, social, and legal aspects.

ESOPs

Employee Stock Ownership Plans, a program that provides a company's workforce with an ownership interest in the company.

Share Price

The current price at which a single share of a company's stock can be bought or sold.