Which of the Following Statements Is Definitely True Regarding an Informal

question 60

Multiple Choice

Which of the following statements is definitely true regarding an informal communication channel?

• A) It traditionally follows the authority chain within the organization.
• B) It generally transmits messages related to the professional activities of members.
• C) It is established by the organization.
• D) It is generally used for communicating personal or social messages.
• E) Information regarding change in the policies of the organization is transmitted through it.

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Definitions:

Purely Competitive

Describes a market structure where many small firms compete against each other, with no single entity able to control the market price.

Marginal Cost

The cost of producing one additional unit of a good, capturing how production costs change with the level of output.

Efficiently Allocated

A state where resources are distributed in a manner that maximizes the net benefits to society.

Marginal Revenue

The surplus income generated by a company through the sale of one extra unit of a good or service.