Zameer Is a Member of a Project Team in Her

question 93

Multiple Choice

Zameer is a member of a project team in her Organizational Behavior class. She is trying to apply the five-stage model of team development to this team. She should know:

• A)This type of team is temporary and has a clear deadline
• B)This type of team will flow smoothly through each of the five stages
• C)This type of team follows the typical stages of development
• D)This team is unlikely to follow a punctuated equilibrium effect

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Definitions:

General Partner

A member of a partnership who has unlimited liability and is responsible for the management of the partnership.

Limited Partnership

A business structure with at least one general partner who manages the business and assumes unlimited liability, and one or more limited partners who provide capital and have limited liability.

Limited Partnership

A partnership structure where at least one partner has unlimited liability (general partner) and one or more partners have limited liability (limited partners), restricting their losses to their investment in the partnership.

Limited Liability Partnership

A business structure where partners have limited liabilities, protecting personal assets from the debts of the business.