Complete the Following Using the Terms Listed

question 98

Multiple Choice

Complete the following using the terms listed.
-A(n) _____ is a combination of workers from different functional areas;such as production,marketing,and finance.

• A)low-context culture
• B)Affective conflict
• C)performing stage
• D)cross-functional team
• E)Noise
• F)team norms
• G)Encoding
• H)self-managed team
• I)grapevine
• J)norming stage
• K)Team diversity
• L)Virtual teams
• M)Cognitive conflict
• N)External communication
• O)listening
• P)communication
• Q)Team cohesiveness

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Definitions:

Perfect Competition

A market structure characterized by many buyers and sellers, free entry and exit, and a homogeneous product, leading to price-taking behavior.

Market Price

The existing rate at which an asset or service may be acquired or disposed of on the market.

Utility Consumption

The enjoyment or satisfaction gained by using a good or service.

Factor Markets

Markets where resources, such as labor, capital, and land, are bought and sold.