Which of the Following Statements About Self-Managed Teams Is True

question 133

Multiple Choice

Which of the following statements about self-managed teams is true?

• A) Self-managed teams are empowered with decision-making authority.
• B) Self-managed teams still rely heavily on their manager.
• C) Self-managed teams have little access to resources.
• D) Self-managed teams will eventually develop into problem-solving teams.
• E) Self-managed teams are sometimes called command teams.

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Definitions:

Multiplier

A factor that quantifies how an initial change in economic activity (e.g., spending or investment) leads to a more than proportional change in the national income.

Deflationary Gap

A situation where aggregate demand in an economy is lower than the aggregate supply, leading to falling prices, reduced production, and unemployment.

Equilibrium GDP

The level of Gross Domestic Product at which total demand for goods and services equals total supply, resulting in stable prices and employment.

Full Employment GDP

The maximum level of production an economy can sustain while keeping unemployment at its natural or non-accelerating inflation rate of unemployment (NAIRU).