Which of the Following Statements Best Describes Teams

question 37

Multiple Choice

Which of the following statements best describes teams?

• A)They lead to decreased interaction between employees and management.
• B)They increase efficiency by eliminating layers of managers whose job was once to pass orders downward.
• C) They function effectively as soon as they are formed, requiring no developmental process to operate.
• D) They require managers to set goals for each team member.

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Definitions:

Risk And Return

The principle that the potential return on any investment is directly correlated with the amount of risk taken; higher risks typically offer the chance for greater rewards.

Average Variance

The mean of the squared deviations from the mean of a data set, indicating its volatility or variability.

Investment Period

The investment period is the duration over which an investment is held before it is sold or liquidated.

Rate Of Inflation

The annual percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.