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Leadership of Multiteam Systems Is Also Much Different Than for Standalone

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Leadership of multiteam systems is also much different than for standalone teams. While leadership of all teams affects team performance, a multiteam leader must both facilitate coordination between teams and lead each team.


Definitions:

Proportionately Adjusted Balance Sheet

A financial statement showing assets, liabilities, and equity after adjustments have been made to reflect a fair proportionate value based on ownership interests or specific conditions.

Inventory

The raw materials, work-in-process products, and finished goods that a company holds for the purpose of sale in the near future.

Contractual Agreement

A legally binding agreement between two or more parties that outlines the terms and conditions of a particular arrangement or transaction.

Equity Method

An accounting technique used to record investments in other companies, recognizing equity changes proportionately.

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