The Potential Benefits of Self-Managing Teams Include Productivity and Quality

question 46

True/False

The potential benefits of self-managing teams include productivity and quality improvements, production flexibility, and faster response to technological change, but not reduced absenteeism and turnover or improved work attitudes and quality of work life.

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Definitions:

Accounts Receivable

Funds that customers owe to a business for the products or services received but not yet paid for.

Aggregate Demand

The entirety of consumer and business demand for goods and services in an economy, assessed at an overall price level within a defined time span.

Decrease

A reduction in the quantity, size, or extent of something.

Output Levels

The quantities of goods and services produced by an economy over a specific time period.