Lightspeed.com (Scenario) Walid Is a Team Leader for Lightspeed.com, an E- Business

question 60

Multiple Choice

Lightspeed.com (Scenario)
Walid is a team leader for Lightspeed.com, an e- business that has employees in every global time zone. Some of the factors that the team has to contend with are deadlines, strong work ethic, the creativity- innovation chain, high- speed turnaround, and professionalism. As team leader, Walid sees team members via videoconference only a few times per year or via compressed video via internet a few times more per year. A frustration that he is encountering is that he works with all of these people and does not have control over their "actual" work or the few organizational rules, regulations, and policies. Yet, due to the position he is in, he feels he gets all of their complaints. The team does not deal well when a member offers an
"off- the- wall" solution to a team problem; team members seem to have more trouble with this than any other team- conflict issue. What he likes most about leading the team is that they seem to prefer getting their objective accomplished instead of wasting time trying to decide who should be doing what tasks.
-When a member offers an "off- the- wall" solution to a team problem, it appears that Walid has to contend with what cultural variable?

• A) tolerance of risk
• B) focus on ends
• C) tolerance of conflict
• D) tolerance of the impractical

---

Definitions:

Unearned Revenues

Money received by a company for a service or product that has yet to be delivered or provided.

Accrual Accounting

An accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.

Recording Expenses

The process of documenting and categorizing expenditures in the financial records of an organization.

Current-Period Income

The net income earned by a business during the most recent accounting period.