Chance Encounters Between Managers and Employees Work Well as A(n)

question 20

Multiple Choice

Chance encounters between managers and employees work well as a(n)

• A) formal communication channel.
• B) informal communication channel.
• C) substitute for management by walking around.
• D) substitute for a bulletin board.

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Definitions:

Durable Products

Goods that are intended to last for a significant period of time without deteriorating quickly.

Sophisticated

Characterized by a high level of complexity, refinement, or development, often resulting from extensive experience or knowledge.

Product Innovation

The process of creating new products or significantly improving existing ones, often to meet new customer needs or market demands.

Competitive Advantage

The attribute or set of attributes that allows an organization to outperform its competitors, providing greater value to its customers or operating more efficiently.