Organizations Are Increasingly Using Teams for Many Reasons

question 61

Multiple Choice

Organizations are increasingly using teams for many reasons.The difference between a good team and an outstanding team has been found to be

• A) the combined technical skills of the members.
• B) similarities in the way team members solve problems.
• C) the way team members treat each other.
• D) similarities in the age and experience of team member.

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Definitions:

Capital Markets

Financial markets in which long-term debt or equity-backed securities are bought and sold, serving as a platform for raising capital.

Long-Term Bonds

Bonds that are due for payment or redemption at a date more than ten years in the future, often offering a higher yield due to the increased risk.

Stocks

Shares of ownership in a company, giving shareholders a claim on the company’s earnings and assets.

Sarbanes-Oxley Act

A law passed by U.S. Congress in 2002 aimed at protecting investors from fraudulent financial reporting by corporations.