The Function of Team Spirit and Collaboration in Organisational Culture

question 61

Multiple Choice

The function of team spirit and collaboration in organisational culture is to

• A)transform tacit knowledge to explicit knowledge
• B)enhance the turning of personal knowledge into corporate knowledge
• C)help the organisation with cross-cultural communication
• D)enhance social unity among the staff

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Definitions:

Import Demand Curves

Charts representing the volumes of a product that an economy is ready to import at various price points.

Export Supply Curves

A graphical representation showing the relationship between the quantity of a good that producers are willing to export and the price of the good in the international market.

Equilibrium World Price

The price at which the quantity of a good supplied globally equals the quantity demanded, in international trade.

Domestic Quantity Supplied

The total amount of a product that producers in a country are willing and able to sell at a given price level within a specified period.