When the Group Energy Is Focused on the Task at Hand

question 23

Multiple Choice

When the group energy is focused on the task at hand and the group is fully functional, it is said to be in the stage of ________.

• A) performing
• B) storming
• C) inertia
• D) forming
• E) norming

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Definitions:

Capital

Financial assets or the monetary value of assets, such as buildings and machinery, invested in a business to create more wealth.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment.

Opportunity Cost

The economic impact of dismissing the next prime alternative while reaching a decision.

Scarce Resources

Limited supplies of inputs necessary for production, leading to trade-offs and choices in their allocation.