Virtual Teams Are Typically More Effective When Their Members

question 269

Multiple Choice

Virtual teams are typically more effective when their members:

• A)are allowed to adopt technology that suits their needs at a particular time,rather than have it imposed upon them.
• B)avoid using e-mail or telephones to communicate.
• C)agree during the team's formation to use only one communication medium,such as e-mail or teleconferencing.
• D)use web-based chat and message services rather than e-mail or telephone conversations.
• E)work alone rather than interact with each other during the project.

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Definitions:

Elastic Portion

A range in the demand or supply curve where a small change in price leads to a large change in the quantity demanded or supplied.

Total Revenue

Total Revenue refers to the total amount of money generated by a business from the sale of its goods or services before any costs are deducted.

Price Elasticity

Measures the responsiveness of the quantity demanded of a good to a change in its price, indicating how changes in price affect consumer demand.

Demand Is Elastic

A condition where the quantity demanded of a good or service is significantly changed due to a change in its price. High elasticity indicates a sensitive reaction to price changes.