It Is Friday Afternoon and You Are Heading Home for the Weekend

question 95

Multiple Choice

It is Friday afternoon and you are heading home for the weekend. Today was the last meeting of a 7 member interdisciplinary team that you were a part of. The team met for several months. The task that the team faced was a huge project of downsizing 4 inpatient hospital units. The goal was to consolidate 4 units into 2 without compromising patient care, staff morale or revenue. You did it! You were successful and the team was recognized and rewarded by the University X Healthcare System. You now take the time to reflect on the process, the ups and downs and challenges that brought you and your team members this degree of success. Now that the task is accomplished, you can reflect on your experience and apply your knowledge of group process.
During the first few meetings, things seemed very calm and group members attempted to discover acceptable behaviors according to the leader and other group members. It is clear to you now that, according to Tuckman, the group was exhibiting what stage of development?

• A) Forming
• B) Storming
• C) Norming
• D) Performing

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Definitions:

Marginal Revenue

The additional income that is gained from selling one more unit of a good or service, crucial for businesses when deciding how much to produce.

Total Cost

The complete cost of production that includes both fixed and variable costs incurred in creating goods or services.

ATC

Stands for Average Total Cost, which is the total cost per unit of output produced by a firm.

Marginal Cost

Marginal cost is the increase or decrease in the total cost of a production run for making one additional unit of an item.