Amazon Is Able to Achieve Operational Excellence Because It Not

question 58

True/False

Amazon is able to achieve operational excellence because it not only has the technology to coordinate personal buyers, it also has an effective HR hiring program that selects and trains the best employees.

Understand the impact of team norms on member behavior and team performance.

Define task interdependence and its types, and explain their significance to team dynamics.

Assess the effects of team diversity on team effectiveness.

Describe the concept of team faultlines and their impact on team cohesion and performance.

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Definitions:

Opportunity Cost of Capital

The potential return that is foregone by investing capital in one project rather than an alternative investment.

Stockholder Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the extent to which a firm has exceeded the break-even point.