Match Each Item with a Statement Below

question 12

Multiple Choice

Match each item with a statement below:

-Time limited,producing one-time outputs such as a new product or service or a new information system

• A)tenure diversity
• B)ambassador activities
• C)pooled interdependence
• D)psychological safety
• E)social capital
• F)informal groups
• G)task coordinator activities
• H)team cohesiveness
• I)reciprocal interdependence
• J)project teams

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Definitions:

Output

The quantity of goods or services produced in a given time period by a firm, industry, or country.

Fixed Costs

Costs that do not change with the level of output or production, such as rent, salaries, or loan payments.

Variable Costs

Costs that change in proportion to the amount of goods or services produced.

Average Total Cost

The sum of all production costs divided by the quantity of output produced, yielding the cost per unit on average.