Groups of a Small Number of People from Different Departments

question 52

Multiple Choice

Groups of a small number of people from different departments in an organization who are mutually accountable to accomplish a task or a common set of performance goals are referred to as

• A)designated teams.
• B)strategic business units.
• C)cross-functional teams.
• D)business committees.
• E)venture squads.

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Definitions:

Influences

Factors or forces that have an effect on the outcomes or behaviors in a situation.

Assets

Assets refer to resources owned or controlled by a person or business with economic value and expected to provide future benefits.

Market Risk

Market risk refers to the potential for an investor to experience losses due to factors that affect the overall performance of the financial markets.

Diversified Investor

An investor who spreads investments across various asset classes to reduce risk.