In a Project Team at Kaizen International, Everyone Focuses on His

question 104

Multiple Choice

In a project team at Kaizen International, everyone focuses on his or her specialty and what they do best. Members know exactly where they can go to get information when there are gaps in their knowledge, and this team produces synergistic results. This shows that the project team at Kaizen has an effective

• A) staff validity.
• B) mental model.
• C) transactive memory.
• D) potency.
• E) hierarchical sensitivity.

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Definitions:

Fixed Expense

Costs or expenses that remain constant for a period of time regardless of changes in business activity levels, such as rent or salaries.

Net Assets

The total value of an organization's assets minus its total liabilities, representing the organization's financial health.

Physical Assets

Tangible resources owned by an individual or organization, including equipment, buildings, and land.

Contributed Income

Financial support received by an organization from donations, grants, or philanthropic gifts, as opposed to revenue generated from sales or services.