What Is the Difference Between Cliques and Crowds

question 33

Multiple Choice

What is the difference between cliques and crowds?

• A) Cliques are more personal than crowds.
• B) Cliques contain more members than crowds.
• C) The formation of crowds is based on friendship,while cliques are based on reputation.
• D) The members of crowds spend a lot of time together,while the members of cliques do not.

Examine the impact of cultural differences in values and ethics on global business operations.

Understand the concept of values drift in the workplace and strategies to prevent it.

Understand and calculate key financial ratios, including inventory turnover, accounts receivable turnover, and dividend yield ratio.

Analyze and interpret the significance of financial ratios in assessing a company's operational efficiency, liquidity, solvency, and profitability.

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Definitions:

Market

A medium that allows buyers and sellers of a specific good or service to interact in order to facilitate an exchange.

No Externality

A situation where private costs or benefits are equal to social costs or benefits, with no spillover effects on third parties.

Market

An arrangement or venue where parties engage in exchange of goods and services.

Positive Externality

A benefit that is enjoyed by a third-party as a result of an economic transaction or activity in which they did not directly participate.