Each of the Following Is a Reason That Team-Based Approaches

question 64

Multiple Choice

Each of the following is a reason that team-based approaches have been gaining in popularity in recent years except ________.

• A) the modern workforce is better educated and thus better prepared to perform complex decision-making functions
• B) most jobs now require flexible approaches to rapidly changing technologies and business climates
• C) businesses exist in a complex, interconnected environment in which no employee can know or master everything needed to run a successful enterprise
• D) researchers have found that because of factors like groupthink and risky shift, groups tend to make more effective decisions than individuals

---

Definitions:

Financial Reports

Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.

FASB

Financial Accounting Standards Board; an independent organization responsible for establishing accounting and financial reporting standards in the United States.

Future Cash Flows

Future cash flows refer to the projected inflows and outflows of cash that a company expects from its operations over a future period.

Credit Standing

The assessment of a borrower's financial health and ability to repay debt, typically influenced by credit history and financial behavior.