Match the Options Below with the Correct Phrases

question 51

Multiple Choice

Match the options below with the correct phrases:
-vertical team

• A)a conflict strategy in which the manager diplomatically acknowledges that conflict exists but downplays its importance
• B)a team that assumes complete responsibility for its work
• C)two or more persons actively striving toward the same objective(s)
• D)a team where members primarily interact electronically because they are separated physically
• E)their intent is to create new products
• F)the team development phase with disagreement and conflict
• G)sometimes called a problem-solving team
• H)a temporary horizontal team from different departments designed to accomplish a limited number of objectives
• I)a standard of behavior accepted by members
• J)the team development phase in which the team begins to function and moves toward accomplishing its objectives
• K)a team created to guarantee quality
• L)an objective that overshadows individual interests
• M)team composed of multiskilled workers
• N)sometimes called a command team
• O)team that focuses on refining the organization processes
• P)conflict that supports the objectives of the organization

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Definitions:

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the owner's claim on the business assets.

Expenses

Costs incurred in the process of earning revenue, including operational costs like rent, utilities, and payroll.

Withdrawals

Refers to the act of taking money out of a bank account or the removal of funds from a business by its owner for personal use.

Accounts Payable

The amount of money a company owes to its suppliers or vendors for goods or services received but not yet paid for.