Which of the Following Teams Are Created Outside the Formal

question 71

Multiple Choice

Which of the following teams are created outside the formal organization structure to undertake a project of special importance or creativity?

• A) Vertical
• B) Command
• C) Special-purpose
• D) Cross-functional
• E) Functional

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Definitions:

Costly Component

Refers to an expensive part or element required in the production of a good or in the provision of a service.

Short-term Debt

Debt obligations, typically due within one year, that are used for financing immediate operational needs of a business.

Working Capital Financing

This refers to short-term loans or credit facilities used by a company to finance its daily operations and manage its current assets and liabilities.

Accounts Payable

Short-term liabilities of a company, representing amounts owed to vendors or suppliers for goods and services received but not yet paid for.