Weak Ties in Organizational Relationships

question 26

Short Answer

Weak ties in organizational relationships:
a. Are more trustworthy and are cultivated over a long period of time.
b. Are associated with exchanging finer-grained information.
c. Provide an informal, social control mechanism.
d. A through C above.
e. Are less costly to maintain.

---

Definitions:

Flexibility

The ability of an entity or system to adapt to changes, variability, or uncertainties in its operational environment.

Indirect Interest Costs

Expenses related to obtaining financing (such as legal, administrative, and underwriting fees) that do not directly involve the payment of interest.

Combination Leases

Combines some aspects of both operating and financial leases. For example, a financial lease that contains a cancellation clause—normally associated with operating leases—is a combination lease.

Operating Leases

Leasing agreements for assets where the lessor retains ownership, and the lessee uses the asset for a specified period.