Which of the Following Statements Is True of a Work

question 26

Multiple Choice

Which of the following statements is true of a work team?

• A) In a work team, top management is responsible for organizational outcomes and performance.
• B) In a work team, each member of the team pursues different goals.
• C) A work team consists of a small number of people with complementary skills.
• D) A work team usually restricts minority domination.

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Definitions:

Private Saving

Private saving is the portion of households' and businesses' income that is not spent on consumption or paying taxes, and is instead saved for future use.

National Saving

The total saving of an economy, consisting of both private saving (by households and businesses) and public saving (government surplus).

Private Saving

The portion of households' income that is not used for consumption or paying taxes, but instead is saved.

National Saving

The total amount of savings generated within a country, calculated as the sum of private savings (by individuals and businesses) and public savings (government surplus), which is critical for funding investment.