Which of the Following Traits Do Effective Groups Share

question 28

Multiple Choice

Which of the following traits do effective groups share?

• A) It achieves its goal
• B) Decisions are always made by the highest authority
• C) Groupthink is prevalent
• D) Members maintain good working relationships
• E) Conflicts are resolved through distributive negotiations
• F) The group adapts to changing conditions
• G) Leadership is delegated.
• H) a, d and f
• I) a, b and g
• J) d, f and g
• K) all of the above
• L) none of the above

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Definitions:

Monetary Unit Assumption

An accounting assumption that requires that financial reports be expressed in a single monetary unit, or currency.

Economic Data

Statistical information reflecting the condition of an economy, such as GDP, employment rates, and inflation, used for analysis and policy-making.

Total Assets

The sum of everything of value owned by a business, including cash, securities, equipment, and real estate.

Liabilities

Liabilities are financial obligations or debts owed by a business or an individual to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.