All of the Following Are Correct Regarding Virtual Teams EXCEPT

question 49

Multiple Choice

All of the following are correct regarding virtual teams EXCEPT:

• A) Organizations are limited as to where virtual teams can be based out of.
• B) The growth of telecommuting has increased the popularity of virtual teams.
• C) It does not require team members to be in the same physical location.
• D) Using them improves an organization's ability to access to more people to be part of a team.
• E) The employee's technological know-how may limit their ability to be part of virtual team.

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Definitions:

Debenture

A type of debt instrument that is not secured by physical assets or collateral but is backed only by the general creditworthiness and reputation of the issuer.

Mortgage Bond

A bond secured by real estate.

Par Value

The nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate. It is a static value determined at the time of issuance.

Face Value

The nominal value stated on a financial instrument, such as a bond or stock certificate.