Budgets

question 169

Multiple Choice

Budgets

• A) help managers coordinate resources.
• B) help define standards for control.
• C) provide guidelines about resources.
• D) enable the evaluation of the performance of managers.
• E) All of these choices

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Definitions:

Self-Managed Teams

Groups of employees who operate without direct supervision, often taking on responsibilities such as planning, problem-solving, and decision making.

Permanent Work Team

A group of employees assigned to work together on a long-term basis to achieve a specific set of goals or tasks.

Grapevine

Internal information channel that transmits information from unofficial sources.

Informal Communication Channel

Messages outside formally authorized channels within an organization’s hierarchy.