According to Wageman (1997), the Key Principle Behind Self-Managing Teams

question 74

Multiple Choice

According to Wageman (1997) , the key principle behind self-managing teams is that:

• A) the managers take responsibility for their work.
• B) the team takes responsibility for its work exclusively.
• C) the team takes responsibility for its work and also monitors and alters its performance.
• D) the managers not only take responsibility for the work but also monitor and alter the team's performance.

---

Definitions:

Cash Payback Period

A method of evaluating a capital investment proposal that focuses on the expected period of time between the date of an investment and the recovery in cash of the amount invested.

Amount Invested

The total sum of money committed into a venture, asset, or security by an investor or group of investors.

Investment Date

The specific date on which an investment was made or acquired, which is important for calculating holding periods, interest, dividends, and capital gains.

Capital Investment Analysis

The process of evaluating the advisability of investing in long-term assets, based on potential returns.