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The Norming Stage Is Part of the "Critical Zone" of Team

question 32

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The norming stage is part of the "critical zone" of team development, where successes create long-term gains while failures create long-lasting problems.


Definitions:

Working Capital

The difference between a company’s current assets and current liabilities, used to fund the company's day-to-day operations.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of tax applied to your next dollar of income.

Net Investment

The total amount spent by a company or economy on capital assets, minus depreciation. This indicates how much is being spent on new or replacement assets.

Accounts Receivable

Funds that customers owe to a business for products or services that have been provided but not yet compensated for.

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