With Itemized Rating Scales, an Odd Number of Points Provides

question 51

True/False

With itemized rating scales, an odd number of points provides respondents with a midpoint or neutral position.

Differentiate between formal and informal groups and their impacts on organizational performance.

Explain the concept of social loafing and its opposite, social facilitation, in team dynamics.

Recognize the potential drawbacks of self-managing teams and strategies to mitigate these issues.

Understand the structural and personal factors that contribute to organizational conflict.

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Definitions:

Global and Local Advantages

The benefits that companies gain by leveraging both global standardization to achieve efficiency and local adaptation to meet specific market needs.

Meganational Approach

A strategy by businesses to operate on a global scale, emphasizing uniformity in products and services across countries to exploit economies of scale.

Value Chain

A series of activities that a company performs to create value for its customers, from product design to post-sale service.

Location Economies

The cost advantages gained by a business due to its geographical position, often influencing its competitiveness.