______ Groups Are Assigned by Organizations or Managers,while _______ Groups

question 10

Multiple Choice

______ groups are assigned by organizations or managers,while _______ groups form when the members' purpose of getting together is friendship or a common interest.

• A) Organizational; individual
• B) Departmental; divisional
• C) Formal; informal
• D) Focus; interest
• E) Task; maintenance

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Definitions:

Straight-Line Method

A depreciation technique where an asset loses an equal amount of value each year over its useful life.

Payback Period

The duration needed to recoup the expenses of an investment.

Simple Rate of Return

A financial metric used to evaluate the efficiency of an investment or to compare the efficiencies of several investments, calculating net annual profit divided by initial investment cost.

Depreciates Assets

The process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.