Which of the Following Is an Accurate Definition of a Self-Managed

question 53

Multiple Choice

Which of the following is an accurate definition of a self-managed team?

• A) It is a group of people who work interdependently and with shared purpose across space,time,and organization boundaries using technology to communicate and collaborate.
• B) It involves several professionals who independently address various issues that an organization may have,focusing on the issues in which they specialize.
• C) It lessens the autonomy enjoyed by the employee.
• D) It refers to a group of employees who assume collective responsibility for organizing,controlling,and supervising their own work activities.
• E) It refers to a team used only for a defined period of time and for a separate,concretely definable purpose.

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Definitions:

Operating Cycle

The duration of time it takes for a company to purchase inventory, sell it, and convert the sale into cash through customer payments.

Bank Overdraft

A facility allowing a bank account holder to withdraw more money than is actually available in their account, typically subject to interest charges.

Current Liability

Financial obligations that are due within one year or within the normal operating cycle of a business.

Reconciled Cash Balance

The adjusted amount of cash on hand after accounting for discrepancies between the cash book and bank statement.