A Team Consists of Employees from the Same Department Who

question 43

Multiple Choice

A team consists of employees from the same department who meet for a few hours each week to discuss ways of improving the work environment but they do not have the authority to unilaterally implement any of their suggestions. This is most likely to be a(n) ________ team.

• A) cross-functional
• B) virtual
• C) self-managed work
• D) problem-solving
• E) independent

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Definitions:

Fiscal Policy

Fiscal Policy involves government spending and taxation decisions aimed at influencing a country’s economic activity.

Monetary Policy

The process by which the central bank or monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure economic stability and growth.

Supply-Side Policy

Economic policies aimed at increasing production and supply through incentives for investment, workforce expansion, and technological improvements.

Demand Shock

A sudden event that increases or decreases demand for goods or services, affecting prices and the economy.