The Punctuated Equilibrium Model of Team Development Says That

question 10

Multiple Choice

The punctuated equilibrium model of team development says that:

• A)Cataclysmic events promote growth after long periods of no change.
• B)Change occurs as the team leader insists upon it.
• C)There can be no equilibrium until suffering has occurred.
• D)If team members are punctual,the project can achieve equilibrium.

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Definitions:

Consumer Expenditures

The total spending by consumers on goods and services for personal use.

Profit Income

The financial gain that results when the revenue from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Market System

In this economic framework, the determination of investment, production, and distribution is influenced by the market signals emanating from the interplay of supply and demand.

Economic System

The mechanism or set of processes by which a society organizes and distributes its resources, goods, and services.