You Have Been Given the Unique Opportunity to Develop a 'Greenfield

question 28

Essay

You have been given the unique opportunity to develop a 'greenfield' site for a new production facility.A greenfield site means that the entire operation is new, including employees, structure and practices.You want to ensure that the new plant supports self-directed work teams, unlike other company facilities which mainly focus on individual performance.Describe four different elements of the organizational and team environment that influence team effectiveness that you need to consider.

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Definitions:

Government Business Enterprise

A government-owned entity that operates with the intention to produce goods or services for the market and is expected to be financially self-sufficient.

Statement Of Operations

A financial document, also known as an income statement, showing a company's revenues, expenses, and profits or losses over a specified period.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Revenue Recognition

The accounting principle determining the conditions under which revenue is recognized and how it is measured; typically, it is recognized when it is earned and measurable.