High-Performance Teams Are Characterized By

question 6

Multiple Choice

High-performance teams are characterized by:

• A) members who have only individual accountability.
• B) members who have a breadth of specialty rather than people skills.
• C) extensive communication mechanisms.
• D) an optimal team size of 15 to 20.

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Definitions:

Investment Center

A business unit within an organization that is responsible for its own revenue, expenses, and investments, allowing it to be evaluated on its profit contributions and investment returns.

Profit Center

A branch or division of a company that is directly responsible for generating its own revenue and profits.

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, used in the operation of a business and not expected to be consumed or converted into cash in the short term.

Profit Center Income Statement

A financial report that details the revenues, costs, and profits of a distinct unit within a company, focusing on its financial performance.