Because Rumors That Flow Along the Grapevine Can Never Be

question 82

Multiple Choice

Because rumors that flow along the grapevine can never be eliminated entirely, managers can minimize the negative consequences of rumors by ________.

• A) ignoring them completely
• B) communicating openly and honestly with employees
• C) encouraging an all-channel communication network
• D) using filtering wherever possible

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Definitions:

Moving Average Model

A statistical model used for forecasting future values based on past averages of data points.

Three-period Moving Average

A method of smoothing time series data by calculating the average of three consecutive values at a time.

Time Series

A Time Series is a sequence of data points, typically measured at successive points in time, used for forecasting future trends.

Mean Absolute Percentage Error

A measure of prediction accuracy in statistics that calculates the average absolute percentage difference between predicted and actual values.