At a Small Business, What Is the Most Likely Benefit

question 97

Multiple Choice

At a small business, what is the most likely benefit of a flexible, informal, and familiar work environment?

• A)gaining market share quickly
• B)offering extensive benefits packages
• C)providing regular, online training courses
• D)knowing employees' strengths and needs

Grasp the concept and implications of manager-led versus self-directing teams.

Recognize the defining attributes of teams and different types of team structures.

Understand the challenges and benefits associated with building and maintaining effective teams.

Understand the concept and application of single-loop and double-loop learning in teams.

---

Definitions:

Reversing Entries

Entries recorded at the start of a new accounting cycle to negate or reverse adjustments that were documented at the conclusion of the preceding period.

Payment

The act of transferring money or value from one party to another as a form of settlement for goods, services, or obligations.

Unearned Fees

Revenue received by a company for services yet to be performed, recognized as a liability until the services are provided.

Fees Earned

Income received for services provided by a company or individual.