Three Department Managers Are Having a Meeting

question 3

Multiple Choice

Three department managers are having a meeting.They have had problems working together before, but currently are developing competence in doing so.They have learned to work together and are developing friendships.Which stage of group development are the managers portraying?

• A)Performing
• B)Forming
• C)Norming
• D)Storming

---

Definitions:

Minimizing Losses

A strategy or approaches taken to reduce the amount of loss incurred in a business operation or investment.

Price Discrimination

A pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in different markets or to different segments of consumers.

Senior Citizen Discounts

Discounts offered to elderly individuals, typically those aged 65 and older, to reduce the cost of goods and services for them.

Movie Tickets

The admission passes purchased to view films in theaters.