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Rudiy27
3 years ago
15

Why should employees be wary of participating in the grapevine in a business

Business
1 answer:
Zielflug [23.3K]3 years ago
5 0

First, we need to understand what grapevine means in business communication. Therefore, grapevine communication is a form of informal communication within a business organization, in other words, information is never accurate with grapevine, and this will certainly pose a threat to any business, remember, effective communication is an integral part of any organization.

Below are some of the reasons why managers should be wary of grapevine communication


1) Communications through grapevines are often not trustworthy as it is an unofficial way of communication.

2) It might cause a hostile environment between lower level staff and the executives, for instance, a colleague tells you that the boss is not happy with your work, or that your boss said he doesn't like you, this might be false, and it might affect your attitude towards your boss.

3) It can lead to discouraging news, which can then affect productivity.  Imagine a story flying around the office, that management wants to retrench workers or wants to approve salary cut, now if this information is false, so many people within the lower level staff, will get discouraged, or get unnecessarily worried, this will certainly affect there work rate.


 Managers are often advised to be wary of grapevine within an organization, however, managers should note that grapevine cannot be eliminated from any organization, but it can be minimized if managers engage in effective communication with their employees.

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There will be a lower equilibrium price and higher quantity if _____.
77julia77 [94]

Answer: A) supply increases and demand stays the same

Check out the diagram below. The curves S1 and D1 are the original supply and demand curves for some product. If we shift S1 to the right, we get some new curve S2. This is increasing supply. Keeping D1 the same means that the equilibrium price slides down and the quantity goes up.

In short, we have more stuff in the market, and each of those items is cheaper.

3 0
3 years ago
A small apartment property is estimated to have potential gross income of $ 25,000. Vacancy and collection losses are expected t
Bezzdna [24]

Answer:

the market value of the property would be $138,542.

Explanation:

To calculate the market value of the property , we need to divide the net operating income by the capitalization rate, in the question we have been given the capitalization rate but the operating income is not available to us. So with the help of given potential gross income we will calculate the effective gross income and then from it we will calculate the net operating income, lets see how to do step wise calculation -

POTENTIAL GROSS INCOME - $25,000

(-) VACANCY AND COLLECTION LOSSES = 5% X $25,000

                                                                       = $1250

EFFECTIVE GROSS INCOME  = $23,750

Now from this we will subtract the operating expenses to get net operating income -

EFFECTIVE GROSS INCOME = $23,750

(-) OPERATING EXPENSES  = 30% X $23,750

                                              = $7125

NET OPERATING INCOME = $16,625

Now for calculating market value putting these value sin the formula -

NET OPERATING INCOME / MARKET CAPITALIZATION RATE

= $16,625 / 12%

= $138,541.66

= $138,542 ( APPROXIMATELY )

7 0
3 years ago
Economic studies have generally found that professional sports players have salaries that
Rudiy27

Answer:

should be equal to their marginal revenue product.

Explanation:

This applies to basically all employees that work in competitive markets, their salaries should equal their marginal revenue product.

An employee's salary = the market value of hiring the employee = marginal revenue product

The formula for calculating marginal revenue product = marginal physical product x marginal revenue

where:

  • marginal physical product = extra units produced by the employee
  • marginal revenue = price of the units produced

For example, a new employee can produce 100 units per day and each unit is sold at $0.75, therefore the employee's marginal revenue product = 100 units x $0.75 per unit = $75 per day

4 0
3 years ago
Match each item to the correct document.
Dmitry_Shevchenko [17]

Answer:

transcripts degrees earned

listing of volunteer activities portfolio

presentation done at your last job resume

Explanation:

a transcript is earned after getting a degree

6 0
2 years ago
Texas annexation was not at the forefront of american politics until president john tyler used it as a rallying cry for his bid
spayn [35]

Answer:

A letter by Secretary of State John C. Calhoun to President Tyler linked the idea of absorbing Texas directly to the goal of strengthening slavery in the United States.

Prospective presidential candidates, Henry Clay and Martin Van Buren, met and agreed to reject the immediate annexation of Texas on the grounds it might lead to war with Mexico.

Explanation:

6 0
2 years ago
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