Organizations Have Turned to Teams as a Better Way to Use

question 31

Multiple Choice

Organizations have turned to teams as a better way to use employees' talents.This is because teams

• A)are quick to accomplish tasks.
• B)are slower to deploy,thereby commitment is strengthened.
• C)are more flexible and more responsive to changes than individuals.
• D)know how to work closely together.
• E)have cohesiveness among members.

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Definitions:

AFC Curve

Average Fixed Costs curve; a graphical representation showing the average fixed costs of producing different levels of output, which typically decreases as output increases.

MC Curve

The marginal cost curve, which graphs the cost of producing one more unit of a good or service, showing how marginal cost varies with the quantity produced.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the total quantity of output produced.

Average Variable Cost

Average variable cost is the total variable cost of production divided by the number of units produced, indicating the variable cost per unit.