CFR Refers to Cost,freight and Return

question 36

True/False

CFR refers to cost,freight and return.

Recognize the importance of intellectual capabilities and diversity within the workforce.

Comprehend the foundational rights and management principles in the private enterprise system.

Grasp the importance of relationship management in building business ties.

Understand the economic and social responsibilities of businesses in society.

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Definitions:

Informal Structures

Informal structures refer to the unofficial relationships and channels of communication that form naturally among employees within an organization, shaping social networks and influencing how work actually gets done.

"In" and "Out" Groups

Social categorizations within teams or organizations where members are either included within a preferred group ("in") or excluded ("out").

Vertical Layers

Layers within an organization that represent different levels of authority and responsibility, from top-level management to frontline workers.

Functional Structures

refers to an organizational layout where departments are grouped based on specialized functions such as marketing, finance, and production.