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Tyler's marketing class just visited a warehouse for one of the nation's top electronic companies.While in the warehouse Tyler was amazed at the number of televisions he could count.The warehouse manager explained that the television company produces hundreds of TVs a day, and then ships them to the various retailers, so that the retailers can make them available to the customers.Why is it important for the retailer to be a part of this system?
Formal Group
A group that is usually governed by the formal structure of the organization.
Grapevine Network
Grapevine network signifies informal and unofficial channels of communication within an organization, often spreading rumors or unofficial information.
Formal Groups
Organized groups with defined structures and roles, typically formed within institutions or businesses for specific purposes.
Formalizing
The process of establishing official procedures or systems, often within organizational or legal contexts.
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