Which of the Following Will Help Managers to Create a Work

question 83

Multiple Choice

Which of the following will help managers to create a work group that has high performance norms and is cohesive?

• A) Maintaining simple entrance and socialization standards.
• B) Creating conflict inside the group.
• C) Helping the group grow.
• D) Tying rewards to individual performance.
• E) Being a participative leader.

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Definitions:

Social Regulation

Rules and policies designed to correct market failures that affect people's health, safety, welfare, and social wellbeing.

Administrative Costs

Administrative Costs are expenses related to the general operation of a business, including expenses such as office supplies, salaries of non-production employees, and legal and accounting services.

Compliance Costs

Expenses that businesses incur to adhere to industry regulations, standards, and laws, including the costs of implementing necessary procedures and reporting.

Horizontal Price-fixing

An illegal agreement between competitors to fix, raise, or lower prices of goods or services at a certain level, stifling competition.