Which of the Following Is True About Self-Directed Work Teams

question 59

Multiple Choice

Which of the following is true about self-directed work teams?

• A) They are teams of employees that accomplish tasks within their area of responsibility with direct supervision.
• B) They are well established in the United States, but relatively new in Europe.
• C) Most self-directed work teams are based on the basic idea that when employees are isolated from decision making, they can perform better.
• D) Most companies that use such teams usually incorporate some type of group incentive pay based on the performance of the respective work teams.

Analyze the effect of sales forecasts on production and budgeting decisions.

Determine the budgeted cost of goods manufactured by considering direct materials, direct labor, and factory overhead costs.

Calculate the budgeted sales revenue and assess its impact on financial planning.

Understand the concept of cash flow management including receipts and payments.

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Definitions:

Illusion of Control

The false belief that one can influence or control outcomes that are actually determined by chance.

System-1

A term from cognitive psychology, referring to the fast, automatic, and often unconscious way of thinking.

Emotion

A complex psychological state that involves an individual's subjective experience, physiological response, and behavioral expression.