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A manager is considering three staff members as possible candidates for a new position.One morning she asks each of them,in private,whether they might be interested in the new position.She also asks them not to discuss the new position with anyone.At a function after work,she is approached by several staff members.They ask her about the new position they have heard about "on the grapevine." What important feature of informal communication channels does this scenario illustrate?
Price Level
An index that measures the average of current prices across the entire spectrum of goods and services produced in the economy compared to a base year.
Interest Rate
The interest rate is the percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.
Business Production
Activities involved in the creation of goods and services to meet consumer demand.
Employment
The state of having paid work, where an individual offers their skills and labor in exchange for compensation.
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