A Group Is a Collection of Two or More Persons

question 6

Multiple Choice

A group is a collection of two or more persons with common interests or objectives, whereas a team:

• A)consists of two or more persons who are loosely tied together, yet each member works independently
• B)may be dozens of people who are quickly assembled to perform a task that may only take a few minutes
• C)has several persons but the performance or contribution of any particular member is inconsequential for the team's output
• D)is usually a small number of people with complementary skills who are committed to a common goal for which they are mutually accountable

---

Definitions:

Concept

A general idea or understanding that serves as a foundation for developing theories, experiments, or innovations.

Quarterly Payments

Payments that are made four times a year, typically for financial obligations such as loans or dividends.

Annual Rate

Annual rate typically refers to the interest rate for a loan or investment calculated on an annual basis, providing a basis for comparison with other financial products.

Interest

The charge for borrowing money, usually expressed as a percentage of the amount borrowed.