The Process Through Which Managers Try to Increase Members' Abilities

question 36

Multiple Choice

The process through which managers try to increase members' abilities to understand and appropriately respond to changing conditions is known as:

• A) clan control.
• B) inert system.
• C) socialization.
• D) organizational learning.
• E) bureaucratic control.

---

Definitions:

Security Interest

A legal claim or lien on collateral that gives a creditor the right to possess and sell the asset if the debtor fails to meet the obligations of a loan agreement.

Repossess

The act of taking back ownership of property, typically by a lender or seller, from the borrower or buyer due to failure to meet repayment terms.

Financing Statement

A financing statement is a document filed by a creditor to indicate a security interest in the assets of a debtor, typically used in relation to secured transactions.

Purchase Money Security Interest

A legal claim that allows a lender to repossess or foreclose on property if the borrower fails to repay a loan used to purchase the property.