All of the Following Should Be Kept in Mind When

question 15

Multiple Choice

All of the following should be kept in mind when conducting team evaluations except

• A)team outputs will always take precedence over individual outputs,regardless of the organization.
• B)both subjective and objective measures should be used whenever possible.
• C)managers need to consider the extent to which team outputs are measurable.
• D)it is important to exercise care in specifying team objectives.

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Definitions:

Government Purchases

Spending for goods and services by all levels of government; government outlays minus transfer payments.

Net Exports

The value of a country’s exports minus the value of its imports.

Transfer Payments

Payments made by the government to individuals or organizations without the receiver providing any goods or services in exchange.

GDP Calculation

The process of determining the Gross Domestic Product of a country, which can include adding up all income earned in the economy or all expenditures made.