A Team of Highly Skilled and Qualified Members of an Organization

question 22

Multiple Choice

A team of highly skilled and qualified members of an organization failed to perform the team objective assigned to them.When the reason for this lack of performance was investigated, it was clear that, although the team members worked hard, they had to wait for their mates to complete a particular task before they could start their own.Which of the following explains the reason for process loss in this case?

• A)Motivational loss
• B)Social facilitation
• C)Production blocking
• D)Groupthink
• E)Cognitive dissonance

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Definitions:

Cash Flows

The total amount of money being transferred in and out of a business, serving as a measure of its financial health.

Contribution Margin

The amount that one unit contributes to profit. It is defined as price minus marginal cost.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, or insurance premiums.

Break-Even Quantity

The amount you need to sell to at least break even (make zero profit). The formula (assuming that you can sell all you want at price and with constant marginal cost) is Q = F/(P - MC), where F is fixed costs, P is price, and MC is marginal cost.