Which Statement Accurately Describes a Global Virtual Team

question 44

Multiple Choice

Which statement accurately describes a global virtual team?

• A)Three employees from the United States working together in Germany
• B)A team in Japan and a team in Spain working on similar projects separately
• C)Employees in England and employees in the United States working together as a team on a project through video conferencing and e-mail
• D)Six employees working together in Russia who access data stored online

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Definitions:

Futures Contracts

Contracts that legally bind parties to purchase or sell a specific commodity or financial instrument for a set price on a future date.

Marked To The Market

Refers to the daily settling of gains and losses due to changes in the market value of a security, particularly relevant for futures contracts.

Forward Contracts

A financial derivative agreement between two parties to buy or to sell an asset at a future date for a price agreed upon today.