Cross-Functional Self-Managed Teams Work Best When ________________

question 141

Multiple Choice

Cross-functional self-managed teams work best when ________________.

• A)leadership is shared
• B)there are at least two line and staff mangers on the team
• C)the teams consist of members of only two functional units
• D)The academic levels of all members are comparable

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Definitions:

Precautionary Balances

Cash balances held in reserve for random, unforeseen fluctuations in cash inflows and outflows.

EOQ Model

Economic Order Quantity, an inventory management model that determines the optimal order quantity to minimize total inventory costs, including holding and ordering costs.

Safety Stock

A level of extra inventory maintained to mitigate the risk of stockouts caused by variations in supply and demand.

DSO

Days Sales Outstanding; a measure of the average number of days that a company takes to collect revenue after a sale has been made.