Why Are Extensive Training and Team Building Activities Important When

question 84

Multiple Choice

Why are extensive training and team building activities important when managing contracted relationships?

• A) Extensive training and team building activities are not worth the effort because people issues will usually work themselves out over time.
• B) So team members are provided with a theoretical understanding of the barriers to collaboration as well as the skills and procedures to be successful.
• C) So conflict management processes can be put into place.
• D) So teams can still function together when co-location is not important for project success.
• E) So teams can identify difficult individuals and keep their distance during the project.

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Definitions:

Debit

An entry recorded on the left side of a ledger account that increases an asset or expense account, or decreases a liability, equity, or revenue account.

Credit

A financial arrangement where goods, services, or money is received in exchange for a promise to pay back later, often with interest.

"Dr"

An abbreviation for "debit record," indicating an entry on the left side of an account, representing an increase in assets or expenses.

Stockholders' Equity

Shareholders' equity in a corporation, which is the value of the assets that remains once all debts and obligations are deducted.