In the Life Cycle of a Team, Teamwork and Focused

question 47

Multiple Choice

In the life cycle of a team, teamwork and focused task performance occur in the ___________ stage.

• A) storming
• B) performing
• C) norming
• D) forming
• E) adjourning

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Definitions:

Equity Financing

The act of raising capital through the sale of shares in a company, providing investors with part ownership.

Diversify

The strategy of allocating investments or resources across a variety of different areas to reduce risk.

504 Loan Program

A Small Business Administration program that provides long-term, fixed-rate financing to small businesses for major fixed assets, such as land and buildings.

Certified Development Company

A nonprofit organization sponsored either by private interests or by state or local governments.