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Managers are considering outsourcing the subcomponents of a product.They collect data about the costs of making the subcomponents in-house.They then seek different bids from suppliers to purchase the subcomponents.What managerial activity applies in this situation?
Work Group
A collection of individuals who come together to achieve a specific goal or task, but may not necessarily function as a cohesive, integrated unit.
Group Members
Individuals who belong to a specific group and participate in its activities, sharing common interests, goals, or characteristics with other members.
Work Teams
Groups of individuals who collaborate towards a common goal, sharing responsibilities and tasks to achieve objectives.
Shared Leadership
A leadership style where control and decision-making responsibilities are distributed among members of a group or team, rather than being centralized in a single leader.
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