What are the advantages and disadvantages of organizational reference groups?

What will be an ideal response?

• Advantages—they provide individuals with a sense of belonging and identity.
• Disadvantages—they can cause we-they attitudes to develop that can foster
competition and a lack of collaboration that hinders productivity and achievement of the overall goals of the organization.

Business

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A clear statement of project needs is an output associated with the planning phase

Indicate whether the statement is true or false

Business

One way to avoid the failure of a joint venture is to not use any kind of an agreement that details what to do if the business fails, as this just predestines the joint venture's failure

Indicate whether the statement is true or false.

Business