Once a Team Achieves a "Well -Functioning" Status It Important

question 67

Multiple Choice

Once a team achieves a "well -functioning" status it important to employ strategies that are designed to maintain the team process and to continue to facilitate growth. These are termed generative practices. As future leaders it is important that you understand these practices and are prepared to implement them. The following questions are designed to challenge your thinking about generative practice.
There is a team member with whom you frequently disagree. In the last meeting the interaction devolved into an all-out shouting match. You ask a fellow team member for feedback on the interaction. Generative practice would recommend that you:

• A) Reflect on the feedback and your reaction to it.
• B) Identify the main issues conveyed in the feedback.
• C) Plan on how to utilize the feedback for positive growth.
• D) All of the answers.

Comprehend how verbal agreements can affect legal outcomes when not supported by written contracts.

Identify and differentiate between valid, enforceable, unenforceable, and void agreements under law.

Recognize the significance of part performance and its implications under the Statute of Frauds.

Grasp the concept of guarantee and cosigning responsibilities and their legal enforceability.

---

Definitions:

Unregulated Market

A market where operations are conducted without oversight by governmental regulations or interventions.

Product Variety

The assortment or range of different products or goods that are available in the market or produced by a company.

Free-Market System

A type of economic system where prices for goods and services are determined by the open market and by consumers. In a free-market system, the laws and forces of supply and demand are free from any intervention by a government or other authority.

Coordinating Mechanism

Systems and processes that facilitate the efficient allocation and use of resources within an economy or organization.