What Do Teams Need to Balance in Order to Effectively

question 26

Multiple Choice

What do teams need to balance in order to effectively help an organization gain a competitive advantage?

• A)behavior and group norms
• B)conformity and deviance
• C)performance and cohesiveness
• D)tolerance and polarization

Explain the role of deterrents and incentives in shaping strategies and equilibria.

Understand how repeated interactions affect strategy and equilibrium.

Grasp the theoretical underpinnings and applications of game theory in real-world scenarios.

Understand the basic principles of game theory and its applicability.