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Application of Team Roles
Sarah has just returned from a seminar dealing with the research of Margerison and McCann where the roles of work team members was discussed. She is enthusiastic as she sets down to select members for the new team she is developing. Hopefully Sarah can avoid some problems of past teams by selecting individuals to fill the roles needed by the work team. Jim comes to mind immediately. He is one of the most imaginative people Sarah knows. He continuously comes up with new and novel ideas; however, he is very independent and likes to work at his own pace. Ruby, on the other hand, has an extreme concern for following policies and rules. She is excellent at examining details and making sure all the facts and figures will work.
Putting those two together on a team, though, may pose some interpersonal problems since they are so different. Then there is Shane. He always has such strong convictions about how things should be done. However, he will protect the group from outsiders and go to battle for them. He will help provide team stability.
-Which role is the most important to have filled in order for the team to be effective?
Price Elastic
Describes a situation where the demand or supply of a good or service is highly sensitive to changes in price.
Measures
Measures refer to quantitative tools or methods used for assessing, comparing, or tracking performance or progress.
Elasticity
A measure of how much the quantity demanded or supplied of a good or service changes in response to changes in price, income, or other factors.
Income Elasticity
A measure of how much the demand for a good changes in response to a change in consumers' income.
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