The Three Strategies Used to Minimize or to Adapt to the Political

question 116

True/False

The three strategies used to minimize or to adapt to the political risk inherent to global business are avoidance, control, and cooperation.

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Definitions:

Team Development

A systematic approach for improving team performance and dynamics through stages of forming, storming, norming, and performing.

Forming

The initial stage of team development where members meet and start to form relationships and establish team norms.

Storming

A stage in team development characterized by conflict and competition as team members work through differences in opinions and work styles.

Team Building Activity

Exercises or events designed to enhance social relations and define roles within teams, often involving collaborative tasks.