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When Toysmart

question 84

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When Toysmart.com filed for bankruptcy in June 2000, it listed its customer database as one of its assets even though it had assured its customers it would never disclose their information to any third party. People who had purchased products from Toysmart and were a part of its database were upset when they learned their private information was being treated as property that was for sale. These customers believed that according to the Consumer Bill of Rights, they should know how their private information would be used. In other words, Toysmart's former customers had a right to

Recognize the significance of collaborative work in team dynamics and achievement.
Identify the role of open-book management in creating transparency and employee engagement.
Appreciate the diversity of training methods and their impact on team building and development.
Assess the role of informal communication in fostering team development and cohesion.

Definitions:

Terminate

To bring an end to something, such as a contract, employment, or operation, either by mutual agreement, fulfillment of terms, or through unilateral action.

Notify

To formally or officially inform someone of something.

Emergency Powers

Special, temporary powers granted to governments to handle crises or emergencies, allowing deviations from normal procedures or laws.

Express Authority

The explicit power given by a party to someone, allowing them to act on the party's behalf, often found in legal and organizational contexts.

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