Describe the Role of the Informal Communication Network in Organizational

question 64

Essay

describe the role of the informal communication network in organizational communications. How can managers ensure that this network is beneficial to the organization?

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Definitions:

Inflation Risk

The possibility that the value of assets or income will decrease as inflation shrinks the purchasing power of a currency.

Rate of Return

The net gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Monetary Policy

The process by which a country's central bank controls the supply of money, aiming to achieve macroeconomic goals like controlling inflation, consumption, growth, and liquidity.

Stabilize Economy

Efforts or policies designed to maintain economic stability by controlling inflation, reducing unemployment, and encouraging growth.