The Second Stage of the Team Development Process Is

question 156

Multiple Choice

The second stage of the team development process is:

• A) norming
• B) performing
• C) forming
• D) storming
• E) none of the above

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Definitions:

Exports

Goods or services produced in one country and sold to buyers in another, contributing to the selling country's national income.

Imports

Goods or services brought into one country from another for sale or use.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing between options.

Comparative Advantage

The ability of an individual, firm, or country to produce a certain good or service at a lower opportunity cost than others.