A Virtual Group Is One Which

question 52

Multiple Choice

A virtual group is one which

• A) relies on technology to communicate.
• B) exists only for a short period of time.
• C) lacks a leader.
• D) lacks a clear purpose.
• E) has the same dynamics of other groups.

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Definitions:

Rate of Return

Rate of Return is a measure of the profitability of an investment, calculated as the percentage of the total amount returned in relation to the original investment made.

US Dollar

The official currency of the United States, widely used as a standard unit of currency in international finance and trade.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months.

Exchange Rate

The worth of one currency when converting it into another currency.