For Most Industrialized Countries,the Difference Between a Company's Success and Failure

question 3

True/False

For most industrialized countries,the difference between a company's success and failure is dependent on the capability of its human resources.

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Definitions:

Formal Organizations

Secondary groups designed to achieve explicit objectives.

Secondary Groups

Social groups characterized by impersonal, formal, and instrumental relationships, often focused on a specific goal or task.

Explicit Objectives

Clearly defined goals or purposes that an organization or individual aims to achieve.

Networks

Sets of nodes (which can be individuals, organizations, computers, etc.) connected by relationships or communication paths, facilitating the exchange of information or resources.