Management at XYZ Company Is Considering a New Product Line

question 91

Multiple Choice

Management at XYZ company is considering a new product line that requires expertise that the current engineering group does not have. As a result, the engineering group sees management as a threat. Such perceptions of management as the enemy can lead to

• A) decreased cohesiveness in the work group.
• B) increased cohesiveness and lower organizational commitment.
• C) disruption in achieving goals.
• D) more commitment to organizational goals.

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Definitions:

Face Value

The nominal value of a security stated by the issuer, also known as the “par value.”

Quoted Price

The current price at which an asset or service can be bought or sold on the market.

Selling

The process of offering goods or services to potential buyers in exchange for money or other compensation.

Interest Payable

The amount of interest expense that has been incurred but not yet paid by a company on its borrowings.