When Employees in an Organization Have Reason to Believe That

question 47

Multiple Choice

When employees in an organization have reason to believe that the management is overlooking their needs and interests,they are likely to respond by collectively forming _____.

• A) partnerships
• B) bureaus
• C) trade associations
• D) labor unions
• E) Interest groups

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Definitions:

Overhead Costs

Expenses not directly tied to production but necessary for running the business, like rent, utilities, and administrative salaries.

Operating Profit

Earnings from a company's core business operations, excluding deductions of interest and tax.

Selling Price

The amount of money for which a good or service is sold to the buyer.

Reduced

A decrease in amount, size, intensity, or degree.