The Grapevine of an Organization Is Best Defined As

question 52

Multiple Choice

The grapevine of an organization is best defined as:

• A) the formal network within an organization.
• B) the formal network that exists outside a organization.
• C) the main lines of operational communication.
• D) the informal network within an organization.
• E) the formal network used by an organization to communicate with its competitors.

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Definitions:

Planning

The process of setting objectives and determining the actions necessary to achieve them.

Product Cost

The total cost associated with making a product, including direct labor, materials, and manufacturing overhead.

Period Cost

Expenses that are incurred by a business during a specific period but are not directly tied to the production process, such as administrative and selling expenses.

Property Taxes

Taxes paid by property owners to local or state authorities based on the assessed value of their property.