Which of the Following Is True Concerning Teams

question 18

Multiple Choice

Which of the following is true concerning teams?

• A)They try to blend diverse skills but are rarely successful.
• B)They have become the primary means for getting things done.
• C)They squash individuality and creativity all too often.
• D)They were popular in the 80s and 90s but are now considered a passing fad.

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Definitions:

Profitable

Generating revenue that exceeds the expenses, costs, and taxes needed to sustain the activity.

Average Total Cost

The cost per unit of output, calculated by dividing the overall production costs by the number of units produced.

Profit-maximizing

A strategy or point where a business reaches the highest possible profit level with given operational limits and market conditions.

Total Revenue

the overall amount of money generated by a firm from its sales activities before any costs or expenses are subtracted.