Table 8.1 Introduction to Business Class Is to Observe the Use of Use

question 55

Multiple Choice

Table 8.1
Introduction to Business class is to observe the use of groups in a large manufacturing business. The students notice that most groups are arranged by reporting relationships. Bill discovers a group of managers who have been placed together to study and recommend a course of action on a flextime schedule for employees. Jane finds that the executives of the company have formed a team consisting of themselves, some middle managers, and a few hourly employees to work on improving work processes and efficiency within the company. This group has been in existence for 5 years and is going strong.
-Refer to Table 8.1. The group of managers that Bill discovers is an example of:

• A) an informal interest group.
• B) a formal command group.
• C) an ad hoc committee or task force.
• D) a self-managing group.

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Definitions:

Roles

The defined behaviors, responsibilities, and functions expected to be performed by individuals in specific positions within an organization or society.

Reverse Auction

A buying process in which sellers lower their prices in competition for the buyer's purchase, reversing the traditional auction.

Number Of Sellers

refers to the total count of individuals or entities offering a particular product or service in the market.

Price Decreases

A strategy of reducing the cost of goods or services, often used to boost sales volume or clear inventory.