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Distinguish Between a Business Group and a Labor Group

question 8

Essay

Distinguish between a business group and a labor group.In what ways are their goals and membership different? Despite their differences,what makes them both "economic" interest groups?


Definitions:

Socialization

The process by which individuals learn and adopt the norms, values, behaviors, and social skills necessary to interact effectively within society or specific organizations.

Employee Relationship Management

Employee Relationship Management involves the strategies and processes used by an organization to effectively manage and nurture the interactions with its employees.

Acculturation

The process of cultural and psychological change that results following meeting between cultures, involving adaptations in cultural patterns of either or both groups.

Entrepreneurial Culture

A workplace environment that values creativity, innovation, and the willingness to take risks in order to achieve business success.

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