Marco Has Been Appointed Team Leader of a Committee That

question 1

Multiple Choice

Marco has been appointed team leader of a committee that will develop a new process for submitting expense claims.He wants to ensure that his team avoids groupthink.What should he do?

• A)Choose team members with similar backgrounds.
• B)Develop systematic procedures for the team to follow.
• C)Demand that his team make decisions quickly.
• D)Make sure his team knows what outcomes he favors.

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Definitions:

Equipment

Tangible assets or physical items used in the operation of a business, such as machinery, tools, or computers.

Mutually Exclusive Projects

Projects involving investments where choosing one excludes the possibility of selecting another.

Discount Rate

The rate at which the Federal Reserve lends money to financial institutions through its discount window.