Groups of a Small Number of People from Different Departments

question 125

Multiple Choice

Groups of a small number of people from different departments in an organization who are mutually accountable to accomplish a task or a common set of performance goals are

• A) designated teams.
• B) strategic business units.
• C) cross-functional teams.
• D) business committees.
• E) venture squads.

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Definitions:

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, aiming to balance the interests of stakeholders.

Stakeholder Representatives

Individuals or groups who act on behalf of the interests of stakeholders in a company or project, ensuring their voices are heard in decision-making processes.

Boards of Directors

The group of individuals elected by shareholders to oversee the management and direction of a corporation.

Life Cycle

The series of stages that an organism, product, or system goes through from its inception to its termination or end.