Which of the Following Statements Is True of Team Leaders

question 48

Multiple Choice

Which of the following statements is true of team leaders?

• A) A team leader can emerge during the teamwork process.
• B) A team leader must be formally designated by the team members.
• C) A team leader is responsible for doing all the work.
• D) A team leader has the best ideas in the team.
• E) A team leader must be the one who can do the best work.

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Definitions:

Minimum-Wage Law

Legislation that sets the lowest hourly wage rate that employers can legally pay their workers.

Equilibrium Wage

The wage level at which the quantity of labor demanded by employers matches the quantity of labor supplied by workers, leading to a stable employment situation.

Labor Supplied

Labor supplied refers to the total hours that workers in an economy are willing and able to work at a given wage rate.

Unemployment Insurance

A government program that provides temporary financial assistance to workers who have lost their job and meet certain eligibility requirements.