Question

In: Finance

Think of Groups: 1. What do you understand about groups? 2. Explain five (5) critical attributes...

Think of Groups: 1. What do you understand about groups? 2. Explain five (5) critical attributes (properties) of groups; examples are necessary

Solutions

Expert Solution

A Group is a fundamental part of a society which is constituted by two or more persons, called as members and the whole as a group, having the same objective, common problems and dangers so all members are engaged in solving them.

The five critical attributes or properties of groups are :

  1. Frequent interactions : The members of a group are get engaged with each other in frequent interactions and talk to each other. For example, staff members of a department.
  2. Identification : The members of a group are identified being a member of a group. For example, the employees of a company, who recognized as a employee of the company.
  3. Other society members call them as a group : The members of the society call the group members as a group, as the employees of a company are called employees of the company.
  4. Common interest : The members of the group are sharing common beliefs, values and interest / objective to form a group like a company is formed with a employee with a common objective or mission.
  5. Defined as a group : The members and other persons of the society define themselves as a group, not as separate person due to common tasks of each of them being member of the group. For example, each employee of a company calls themselves as employee of the company.

Related Solutions

1. What do you understand about DRI's in the past and present? 2. What is the...
1. What do you understand about DRI's in the past and present? 2. What is the difference between RDA and AMDR? 3. What is a tertiary prevention example of type 2 DM? 4. Plant source of fats ( example of foods)? 5. Animal source of Fats (food examples)?
Now that you understand what GDP is and how it is calculated do you think it...
Now that you understand what GDP is and how it is calculated do you think it is a good measure of economic activity. Make sure you reference any problems you may have with Real versus Nominal GDP. Just for your information a very big discussion is currently underway concerning Real versus Nominal GDP as a target of economic policy. If any takes intermediate Macroeconomics we will spend time examining that issue.
1. What do you think about states mandating auto insurance policies? Do you think the minimum...
1. What do you think about states mandating auto insurance policies? Do you think the minimum required coverage is adequate? Explain. 2. Does forcing everyone to have auto insurance create moral hazard by incentivising people to sue one another? Explain. 3. What are some ways to determine the amount of liability coverage a client should have on auto and homeowners policies?
What five emerging issues you think are critical for HR and a company to address? How...
What five emerging issues you think are critical for HR and a company to address? How does HR assess these issues when they are in flux? How does HR attempt to resolve emerging issues and know the resolutions are successful?
How do you understand what Creativity is? What comes to mind when you think of a...
How do you understand what Creativity is? What comes to mind when you think of a creative person?   What is your relationship with food like currently? How do you expect that bringing the practice of mindfulness to eating will affect it? Does the idea of creativity being a positive factor in the evolution of human culture make sense to you? Why or why not? Reflect on the tension between Conformity and Creativity, and the distiction between healthy vs. pathological conformity...
a.)    What do you understand by the term system automation? b.)    Why do you think that automation is...
a.)    What do you understand by the term system automation? b.)    Why do you think that automation is important in our day to day activities – discuss c.)     There is the fear that automation will replace human activities resulting in unemployment. Do you align with this assertion? Support you claim with relevant points d.)    What is the difference between robotics and automation?
What are some attributes that may distinguish an employee from an independent contractor? Do you think...
What are some attributes that may distinguish an employee from an independent contractor? Do you think it is ethical to pay employees "under" the table and give them a 1099? What if any are the effects of the new stimulus package on 1099 employees How much will the stimulus package provide to each family, what are the regulations regarding receiving payment and will it be taxable?
Operating systems Explain what the critical section problem is. Please explain this in about 1-2 paragraphs.
Operating systems Explain what the critical section problem is. Please explain this in about 1-2 paragraphs.
what are the five (5) possible critical factors that you believe the involvement of the Lazada...
what are the five (5) possible critical factors that you believe the involvement of the Lazada Malaysia website in the Malaysian e-marketplace could be a successful one? Rationalise them.
2. Based on our discussion in class, what do you think about the ability for a...
2. Based on our discussion in class, what do you think about the ability for a corporation to bankrupt themselves in they are unable to pay their debts
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT