The Acronym MNC Stands for

question 71

Multiple Choice

The acronym MNC stands for

• A) Mexican National Committee (for international trade)
• B) Maquiladora Negates Competition
• C) Maytag-Nestlé Corporation
• D) Multinational Corporation
• E) Maritime Navigation Company

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Definitions:

Self-Directed Teams

Groups of employees who are responsible for managing their work without direct supervision, often including planning and decision-making.

Gainsharing Teams

Groups of employees who collaborate to improve efficiency or productivity, with the gains achieved from these improvements shared among team members.

High-Status Supervisor

A supervisory role characterized by high authority, respect, and often a higher position within an organizational hierarchy.

Team Development

The process by which a group of individuals with a common purpose evolve into an organized, cohesive unit, typically involving stages of forming, storming, norming, performing, and adjourning.