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Lightspeed.com (Scenario) Walid Is a Team Leader for Lightspeed.com, an E-Business That

question 23

Multiple Choice

Lightspeed.com (Scenario)
Walid is a team leader for Lightspeed.com, an e-business that has employees in every global time zone. Some of the factors that the team has to contend with are deadlines, strong work ethic, the creativity-innovation chain, high-speed turnaround, and professionalism. As team leader, Walid sees team members via videoconference only a few times per year or via compressed video via internet a few times more per year. A frustration that he is encountering is that he works with all of these people and does not have control over their "actual" work or the few organizational rules, regulations, and policies. Yet, due to the position he is in, he feels he gets all of their complaints. The team does not deal well when a member offers an "off-the-wall" solution to a team problem; team members seem to have more trouble with this than any other team-conflict issue. What he likes most about leading the team is that they seem to prefer getting their objective accomplished instead of wasting time trying to decide who should be doing what tasks.
-When Walid feels frustrated that he does not have control over team members' "actual" work or the organizational rules, regulations, and policies, he is contending with ________.

Definitions:

Forward Market

A marketplace for financial contracts that are agreed upon now but settled at a future date.

Premium

An amount paid in addition to a standard price, or the amount above the nominal or face value of a financial instrument.

Discount

A reduction in the price of goods, services, or financial instruments, often used as a marketing strategy or to encourage early payment.

International Fisher Effect

A theory stating that differences in nominal interest rates between two countries are directly proportional to changes in the exchange rate over the same period.