The Benefit of Team Members' Different Technical and Social Abilities

question 99

True/False

The benefit of team members' different technical and social abilities is an important feature of self-managing teams.

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Definitions:

Rational

A decision-making process that is based on making choices that result in the optimal level of benefit or utility for an individual.

Expected Additional Benefit

The anticipated extra advantage or income gained from making a particular business decision or investment.

Expected Additional Cost

The anticipated expenses that are not initially accounted for, occurring as a consequence of a new action or decision.

Expected Marginal Cost

The anticipated cost of producing one additional unit of a good or service, taking into account all relevant factors and future circumstances.