Proximity and Frequent Interaction Help Teams to Develop Shared Norms

question 16

True/False

Proximity and frequent interaction help teams to develop shared norms and a dialect for communicating about a project.

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Definitions:

Corporate Reinvestment

The act of a company using its profits to invest back into its own operations, projects, or assets to support growth, improve products or services, and enhance shareholder value.

Company Stock

represents shares of ownership in a corporation, giving holders a claim on part of the company’s assets and earnings.

Configuration

The arrangement or set-up of components or elements in a particular form or structure.

Multinational Company

A corporation that operates in several countries but has its headquarters in one country, often involved in producing and selling goods or services in various markets.