During Breaks at Work, Albert and Daphne Talk Occasionally About

question 2

Multiple Choice

During breaks at work, Albert and Daphne talk occasionally about the problems that they are working on at work, in hopes that they can help each other out. This is an example of what type of organizational communication?

• A) Virtual communication
• B) Formal communication
• C) Lateral communication
• D) Downward communication
• E) Upward communication

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Definitions:

Externality Compensation

Payments or remedies provided to offset the unintended negative or positive effects imposed on third parties by the production or consumption of goods and services.

Efficient Outcome

An allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.

Marginal Cost

The cost associated with producing one additional unit of output, focusing on how total production costs change with production volume adjustments.