The First Step in Assembling a Project Team Is To

question 11

Multiple Choice

The first step in assembling a project team is to:

• A)talk to potential team members.
• B)identify the required skills.
• C)negotiate with the functional supervisor.
• D)notify top management.

Identify factors that influence the choice of leadership style, including situation, leader, and subordinate characteristics.

Recognize the significance of leadership in team dynamics and decision making.

Comprehend the importance of leadership style in relation to task structure and employee readiness.

Understand the role of a supervisor in managing upwards and communicating with managers and peers effectively.

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Definitions:

Net Welfare Loss

The decrease in total societal wellbeing and efficiency due to factors such as market failure or government intervention.

Tariff

A levy placed by a government on goods that are brought into or sent out of a country.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.

Specific Tariff

A type of tax levied on imports that is based on a specific amount of money per unit of the good imported, rather than on its value.