Markets Clear

question 195

Multiple Choice

Markets clear

• A) in the short run
• B) when a depression occurs
• C) when a recession occurs
• D) roughly every ninety days
• E) eventually

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Definitions:

Organizational Socialization

The process through which new employees learn the knowledge, skills, and behaviors necessary to function effectively within an organization.

Acculturation

The process by which individuals adopt the cultural traits or social patterns of another group.

Enculturation

The process by which individuals learn the dynamics of their surrounding culture and acquire values and norms appropriate or necessary in that culture.

Socialization Process

The method through which individuals learn the values, norms, and required behaviors which permit them to participate as members of an organization.