A(n) group is created to do something productive for the organization and is headed by a leader. For example, this group may be created to develop a new line of skin-care products specifically for people with sensitive skin.

Formal group

Explanation:

A formal group may be a section, a team, a working party or a committee in an organization. People are usually selected according to their credentials and the skills they possess to work within the company.

The Formal Groups are formed to direct the efforts of the employees towards the accomplishment of organizational goals and objectives.

They are formed to fulfill any of the following purposes:

a. It encourage group members working together which yields better results than an individual working separately.

b. To facilitate a proper decision-making

c. To help others in the group to learn new skills .

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi