Two Formal Groups That Are Often Established in Organizations Are

question 61

Multiple Choice

Two formal groups that are often established in organizations are ________ and ________.

• A)transitory groups;recurrent groups
• B)interest groups;committees
• C)in-groups;out-groups
• D)committees;work teams
• E)interest groups;work teams

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Definitions:

Credit Card

A payment card issued by financial institutions that allows the cardholder to borrow funds for purchases or cash advances, subject to a line of credit.

Loan Issuer

An entity, such as a bank or financial institution, that provides loans to borrowers under agreed terms and conditions.

Debit Cards

A payment card that deducts money directly from a consumer's checking account to pay for a purchase, unlike credit cards which borrow money that must be repaid.

U.S. Mint

A bureau of the Department of the Treasury responsible for producing coinage for the United States.