For Virtual Organizations to Be Successful, They Need to Focus

question 68

True/False

For virtual organizations to be successful, they need to focus on developing trust, an identity, and high standards of behavior.

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Definitions:

Past Salary

The salary or wages that an individual earned in previous employment positions.

Current Balance

The sum of the trade balance, net income from abroad, and net current transfers.

Behavioral Economists

Scholars who study the effects of psychological, cognitive, emotional, cultural, and social factors on economic decisions of individuals and institutions.

Marginal Disutility

The additional dissatisfaction or negative utility gained by consuming or producing one additional unit of a good or service.