Which of the Following Statements About the Informal Organization Is

question 73

Multiple Choice

Which of the following statements about the informal organization is true?

• A)Informal organizations never provide members with status and recognition; that is the function of the formal organization.
• B)Management should not be concerned about the informal organizations ever conflicting with the goals of the formal organization.
• C)The group norms of the informal organization are developed and implemented by the formal organization.
• D)The informal organization learns information about the formal organization through the grapevine.
• E)All of the above statements about the informal organization are true.

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Definitions:

Rational Expectations

The hypothesis that forecasts of future values of economically relevant variables are based on all available information and are therefore optimal.

Keynesians

Followers and theorists of Keynesian economics, which emphasizes the need for government intervention in economies to manage output and demand through fiscal and monetary policies.

Classical School

A school of economic thought that emphasizes the importance of free markets, competition, and the self-regulating nature of economies.

Monetarists

Economists convinced that fluctuations in the money supply play a crucial role in influencing short-term national output and affect price levels over the long term.