All Teams Are Groups,but Not All Groups Are Teams

question 45

Essay

All teams are groups,but not all groups are teams.Discuss the two characteristics that distinguish "teams" from "groups" and give a specific business example that clarifies this distinction.

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Definitions:

Activity Rate

The cost driver rate used in activity-based costing to assign overhead costs to products or services.

Activity Cost Pools

A method in cost accounting where costs are accumulated according to activities performed, for allocating overhead costs more accurately to products or services.

Batch-level Activities

Operations or tasks that are performed for each batch of products, regardless of the size of the batch.

Units

Generally refers to the quantitative measure of output or production in business operations.