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Identify and define the five stages of team development.Using examples,indicate how a manager might use their understanding of these stages to maximise the effectiveness and efficiency of their formal teams.
Economic Harm
Financial damage or loss experienced by an individual or entity due to another party's actions or events.
Territorial Restriction
Limitations placed on where a product can be sold or a service can be provided, often used by companies to divide markets or control franchises.
Horizontal Division
The division of tasks, responsibilities, or authority within the same level of an organization or government, promoting specialization and efficiency.
Coordinated Sales
Coordinated sales involve a strategic approach to selling that typically includes collaboration between different parties or departments to optimize sales efforts and outcomes.
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