The Potential Benefits of Informal Groups Include All of the Following

question 119

Multiple Choice

The potential benefits of informal groups include all of the following EXCEPT:

• A) informal groups have the potential to speed up the workflow.
• B) informal groups enable people to assist each other in ways that formal lines of authority fail to provide.
• C) informal groups enable members to establish important goals for the formal work unit.
• D) informal groups help individuals satisfy needs that are unmet in a formal group.
• E) informal groups can provide their members with social satisfaction, security, and a sense of belonging.

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Definitions:

Transaction Costs

Expenses incurred when buying or selling goods and services, which can include fees, taxes, and other charges.

Internet

A global network connecting millions of computers, enabling the exchange of data, news, and opinions.

Transaction Costs

The expenses incurred when buying or selling goods or services, beyond the price of the goods.

Opportunity Cost

The value of the next best alternative forgone as the result of making a decision.