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Identify the Five Phases of Group Development Named by Psychologist

question 33

Essay

Identify the five phases of group development named by psychologist Bruce Tuckman and note which comes first in group formation.


Definitions:

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Capital Rationing

The process by which a company or organization allocates limited capital resources among various possible projects or investments.

Financial Resources

Assets in the form of money or other valuables that individuals or organizations can use to conduct transactions or invest.

NPV

Net Present Value represents the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

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