The Factor-Rating Method Can Consider Both Tangible and Intangible Costs

question 36

True/False

The factor-rating method can consider both tangible and intangible costs.

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Definitions:

Team Cohesiveness

The extent to which team members are attracted to the team and motivated to stay in it, which influences group solidarity and productivity.

Team Size

Refers to the number of members within a group working towards a common goal, influencing the team's dynamics and performance.

Social Loafing

The tendency of individuals to exert less effort when working in a group than when working alone.

Dysfunctional Norms

Unhealthy or negative patterns of behavior that are accepted or practiced within a group or organization.