Group Development at MagPie Inc. (Scenario)

question 49

Multiple Choice

Group Development at MagPie Inc. (Scenario)
As a consultant who specializes in group dynamics, you are observing MagPie Inc.'s self-managing teams and work groups which are in different stages of development. MagPie is a medium-sized manufacturing business and has recently started using teams in all of their operations. Team training is lacking and you have been asked to evaluate the teams and suggest actions for better cohesiveness among the team members. You have labelled the teams A, B, C, D and E, in order to conceal their names. Group D has resolved its issues of leadership and is devoting all of its energy to getting the job done. Team C, on the other hand, shows significant resistance to its appointed leader's guidance and there is a lot of argument over roles within the group. The members of Group A are getting acquainted in their meeting. The team is made up of employees from different divisions and departments and they are still getting to know each other. Team E is in the process of setting their formal rules, roles, and clarifying expectations. Everyone seems to be in agreement as to how these are done. Team B is full of hostility. At least one group member has withdrawn by sitting quietly away from the others, and is no longer participating in the discussions.
-Group D seems to be in the development stage of ________.

• A)adjourning
• B)storming
• C)norming
• D)performing

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Definitions:

Standard Deviation

A statistic that measures the dispersion of a dataset relative to its mean, used in finance to measure the volatility of an investment.

Risk-Free Asset

Risk-Free Asset is an investment with no risk of financial loss, often represented by government bonds of stable economies.

Asset Allocation

Allocating a portfolio across broad asset classes such as stocks versus bonds.

Risk-Free Asset

An investment with a guaranteed return and no risk of loss, often exemplified by government bonds of stable countries.