Which of the Following Is an Accurate Definition of Communities

question 37

Multiple Choice

Which of the following is an accurate definition of communities of practice?

• A) project teams driven by specific goals and dissolved once their missions are accomplished
• B) groups of individuals whose team membership is defined by the task they are set to achieve
• C) project teams where members from distinctly diverse professions come together
• D) groups of individuals who come together to share knowledge about their professions

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Definitions:

Legal

Pertains to matters governed by law, statutes, or regulations and recognized or enforced by a judicial system.

Tit-For-Tat Strategy

A cooperative, reciprocative strategy in game theory where an entity responds to an opponent's action with similar action.

Pricing Strategy

The approach a company uses to determine the best price for its products or services to maximize profits and meet customer expectations.

Tacit Collusion

Coordination between competing firms that occurs without direct communication, often through price signaling or market strategies, avoiding explicit agreements.