Which of the Following Is a Formal Element of an Organization

question 65

Multiple Choice

Which of the following is a formal element of an organization?

• A)Values
• B)Group norms
• C)Communication channels
• D)Perceptions and attitudes

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Definitions:

Sales Forecast

An estimation of the amount of goods or services that will be sold within a specified future period, used for planning and managing business operations.

Expense Forecasts

Projections or estimates of future costs and expenses that a business or organization is likely to incur over a specific period.

Market Description

An overview or summary that outlines the characteristics and dynamics of a specific market, including potential customers and competitors.

Diversification

A strategy of investing in a variety of assets to reduce risks associated with any single investment.