The Organizational Grapevine

question 154

Multiple Choice

The organizational grapevine:

• A)transmits information very slowly from higher to lower levels in the organization.
• B)tends to use communication channels that are low in media richness.
• C)ignores social relations among employees in the organization.
• D)helps employees to make sense of their workplace when the information is not available through formal channels.
• E)has all of these characteristics.

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Definitions:

Fluctuations

Variations or changes in level, degree, or value over time, often seen in financial markets and economic indicators.

Unanticipated Changes

Sudden and unexpected events or changes that can significantly impact the economy, markets, or specific sectors without prior warning.

Home Currency Approach

A method of evaluating foreign investments where the returns are converted and analyzed in the investor's domestic currency.

Foreign Currency Approach

A method of accounting or analysis that deals with the effects of exchange rate changes on financial transactions and statements in foreign currencies.