Grace Works for a Pet Store Where Everyone Is Committed

question 52

Multiple Choice

Grace works for a pet store where everyone is committed to the happiness of the animals. Often employees, bosses, and hourly workers alike come into the store "off the clock" and spend time training the animals. Everyone loves the store, the animals, and their jobs. This attitude of her co-workers inspires Grace to do her best. Based on this information, we can say that Grace is experiencing the effects of ________.

• A) decentralization
• B) organizational climate
• C) high departmentalization
• D) low formalization
• E) high work specialization

---

Definitions:

Security Agreement

A legal document that grants a lender a security interest in a specified asset or property, which serves as collateral for a loan.

Secured Perfected Creditor

A creditor who has taken the necessary legal steps to ensure their claim against a debtor's collateral is enforceable against other creditors.

After-Acquired Property

Property or assets that a debtor obtains after signing a contract that pledges all of the debtor's current and future assets as collateral for a loan.

Financing Statement

A document filed to give public notice to secured creditors about a debtor’s assets used as collateral, typically in connection with securing a loan.