Which of the Following Kinds of Team Is Defined as a Permanent

question 67

Multiple Choice

Which of the following kinds of team is defined as a permanent part of the organization's structure?

• A) cross-functional teams
• B) project teams
• C) virtual teams
• D) employee involvement teams
• E) none of these

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Definitions:

Sealed-bid

A bidding process where all the bids are kept confidential until a designated opening time, preventing bidders from seeing competitors' bids.

Auctions

A public sale process where goods or services are sold to the highest bidder.

Common-value Auction

An auction format where the item for sale is of the same value to all bidders, but the bidders may have different information about the item's actual value.

Oral Auctions

Competitive bidding events where bids are made verbally in real-time, often conducted by an auctioneer.