One of the Responsibilities of Global Virtual Team Leaders Includes

question 74

Multiple Choice

One of the responsibilities of global virtual team leaders includes:

• A) building trust-based relationships.
• B) maximizing financial rewards.
• C) watching out for improper or dangerous levels of cohesiveness.
• D) all of the answers are correct

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Definitions:

Forgone Rent

The potential income lost by choosing to use a property or resource in a way that is not financially optimal, such as using land for personal use instead of renting it out.

Rental Payments

Regular payments made by a tenant to an owner for the use of the owner's property or land.

Accounting Profit

The total revenue of a firm less its explicit costs; the profit (or net income) that appears on accounting statements and that is reported to the government for tax purposes.

Entrepreneur's Talent

Entrepreneur's talent refers to the unique skills, insights, and abilities that an entrepreneur applies to develop innovative ideas, overcome obstacles, and drive business success.