Which of the Following Is True of Self-Managing Work Teams

question 94

Multiple Choice

Which of the following is true of self-managing work teams?

• A)These teams disband once the objective of the team is accomplished .
• B)Members of these teams collaborate with each other to produce an entire product.
• C)members of these teams collaborate with each other to produce an entire product.
• D)These teams are formed when individuals in an organization develop relationships to meet personal needs.

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, leading to market balance.

Supply Curve

An illustration that demonstrates the correlation between a good or service's price and the amount made available in a specific period.

Demand Curve

A graph representing the relationship between the quantity of a good consumers are willing and able to purchase and the price of the good.

Supply

The total amount of a specific good or service that is available to consumers at a given price level in a given time period.