A Team That Achieves Its Organizational Goals,satisfies Member Needs,and Survives

question 22

Multiple Choice

A team that achieves its organizational goals,satisfies member needs,and survives in its environment:

• A)is an effective team.
• B)is called a task force.
• C)has not yet reached its highest level of team development.
• D)has a strong communication system but inappropriate reward system.
• E)has too many members for the required task.

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Definitions:

UCC

The Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Unsecured Parties

Creditors or entities that hold claims or debts without a guarantee or collateral to secure the debt.

Secured Creditors

are creditors who hold a security interest in the debtor's assets as collateral for the money lent, giving them a claim to such assets in case of default.

Secured Interest

A legal claim or lien on collateral that gives a creditor the right to take property if a debtor fails to fulfill their obligations.