What Is the Role of the Informal Communication Network in Organizations

question 141

Essay

What is the role of the informal communication network in organizations? How can managers ensure that this network is beneficial to the organization?

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Definitions:

Net Sales

The revenue from sales transactions after deductions of returns, allowances for damaged or missing goods, and discounts.

Sales Returns

Transactions where customers return previously purchased products, leading to a reversal of sales revenue.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including materials and labor.

Net Sales

The amount of sales revenue remaining after deducting returns, allowances for damaged or missing goods, and discounts.