Which of the Following Is Least Accurate Regarding Groups

question 46

Multiple Choice

Which of the following is least accurate regarding groups?

• A) They are found in all organizations.
• B) An understanding of groups can help managers raise the probability that the groups will cause desirable consequences for the organization.
• C) Groups inevitably form in all facets of organizational existence.
• D) Groups invariably cause desirable consequences within the organization.
• E) Groups are characterized by a size small enough to permit each member to communicate with all other members on a face-to-face basis.

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Definitions:

Firms

Businesses or organizations that produce goods or provide services, typically with the objective of making a profit.

Industry

A category of economic activity related to the production of goods, provision of services, or extraction of resources.

Cutthroat Competition

A market situation characterized by aggressive competition, where companies compete intensely, often at the expense of profit margins.

Covert Collusion

An agreement among competitors to limit competition and fix prices or output levels, done secretly to avoid detection by regulatory authorities.