Why Are Extensive Training and Team Building Activities Important When

question 84

Multiple Choice

Why are extensive training and team building activities important when managing contracted relationships?

• A) Extensive training and team building activities are not worth the effort because people issues will usually work themselves out over time.
• B) So team members are provided with a theoretical understanding of the barriers to collaboration as well as the skills and procedures to be successful.
• C) So conflict management processes can be put into place.
• D) So teams can still function together when co-location is not important for project success.
• E) So teams can identify difficult individuals and keep their distance during the project.

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Definitions:

Bonds

Debt securities issued by corporations or governments to raise funds, promising to pay back the face value on maturity along with periodic interest payments.

Treynor's Measure

A performance metric for determining how well a portfolio has performed in excess of a risk-free rate, adjusted for the portfolio's risk.

Residual Standard Deviation

A measure of the amount of variance in a dataset or predictive model not explained by the model itself.

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 is more volatile than the market.