The Social Network of Informal Communications That Helps People Interpret

question 79

Multiple Choice

The social network of informal communications that helps people interpret the organization is referred to as

• A) The virtual office.
• B) The Internet.
• C) The grapevine.
• D) Gossip.
• E) Open-book communication.

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Definitions:

Operating Profit

Income generated from the principal activities of a company, not including interest and tax deductions.

Retail Price

The price at which goods or services are sold to the public.

Trade Discount

A reduction in the list price of goods or services offered to buyers, typically in the business-to-business market.

Wholesalers

Businesses or individuals that sell goods in large quantities at lower prices, typically to retailers or professional buyers.