__________ Is Sequence of Planned Activities Used to Gather and Analyse

question 83

Multiple Choice

__________ is sequence of planned activities used to gather and analyse data on the functioning of a team and to implement constructive changes to increase the team's operating effectiveness.

• A) Team planning
• B) Team cohesiveness
• C) Virtual team creation
• D) Leadership development
• E) Team building

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Definitions:

Resources

Assets or inputs used to produce goods and services.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, indicating the financial gain in excess of opportunity costs.

Accounting Profit

The total revenue of a firm less its explicit costs; the profit (or net income) that appears on accounting statements and that is reported to the government for tax purposes.

Diseconomies of Scale

A situation in which a company or business grows so large that the costs per unit increase, leading to decreased efficiency.