The Organizational Grapevine Is Usually Transmitted

question 42

Multiple Choice

The organizational grapevine is usually transmitted:

• A)to everyone in the organization.
• B)downward rather than upward through the organization.
• C)by most employees who receive the information.
• D)from management to non-management employees.
• E)from a small number of senders to a larger number of receivers.

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Definitions:

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate the market price.

Government Regulation

Laws and rules established by governments to control the behavior of businesses and individuals to achieve policy objectives.

Binding

A term used to describe an agreement, rule, or law that is legally or contractually enforceable, requiring adherence by the parties involved.

Equilibrium Price

The cost at which the amount of a product available matches the amount of the product desired.