Organizations Must Acquire a Variety of Resources in Order to Produce

question 91

Multiple Choice

Organizations must acquire a variety of resources in order to produce a product or service of value. These resources may include materials, equipment, financing, or even employees. The sources that provide these various resources are referred to as

• A)shareholders.
• B)regulators.
• C)retailers.
• D)suppliers.
• E)prospectors.

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Definitions:

Quality Circles

Groups of workers who meet regularly to discuss and solve problems affecting the quality of their work.

Psychological Safety

A belief or sense within a group or organization that one can speak up, offer ideas, and ask questions without fear of punishment or ridicule.

Employee Involvement

The practice of involving staff in the decision-making processes of an organization to improve commitment, productivity, and job satisfaction.

Polarization

The process by which the differences between two opposing sides or viewpoints become more extreme, leading to a greater division within a group or society.