Listed Below Are Perspectives of Different People Working as a Team

question 30

Multiple Choice

Listed below are perspectives of different people working as a team. Which of the following approaches to teamwork will provide the best results?

• A) Sarah disagrees with the project plan but does not voice her opinion because she doesn't want to disrupt the functioning of the team.
• B) Andrew believes that conflict is healthy for teamwork and doesn't hesitate to criticize the shortcomings of his coworkers' perceptions.
• C) Caleb and Adam hold opposing political views but do not discuss their opinions while working so that other team members aren't distracted.
• D) Daniel is the team leader and discourages disagreements among team members so that the project can proceed faster.

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Definitions:

Natural Monopoly

A situation in the market where due to high initial costs and substantial economies of scale, a single firm can supply a product or service at a lower cost than any potential competitor, leading to a market dominated by one supplier.

Network Effects

Increases in the value of a product to each user, including existing users, as the total number of users rises.

Rent-seeking Behavior

Activities undertaken by individuals or firms to increase their own wealth without creating new wealth, often through manipulating the social or political environment in which economic activities occur.

X-inefficiency

X-inefficiency occurs when a firm lacks the incentive to control costs, leading to inefficiency and higher expenditure than is necessary for the level of output produced.