Which of the Following Statements Accurately Describes the Impact of Team

question 108

Multiple Choice

Which of the following statements accurately describes the impact of team member competencies on team performance?

• A) Talent alone can guarantee performance results.
• B) It is relatively easy to overcome the performance limitations imposed by insufficient skills and competencies for the task at hand.
• C) To achieve success, a team must have the right skills and competencies available for task performance.
• D) In homogeneous teams, members are very different and bring needed diversity in skill sets to the team.
• E) The difficulties of heterogeneity are especially pronounced in the long run.

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Definitions:

Keynesian Economists

Keynesian economists follow the principles of John Maynard Keynes, advocating for government intervention to moderate economic cycles and promote demand-driven growth.

Economic Instability

A condition characterized by significant fluctuations in economic performance, manifesting in variables such as prices, demand, employment, and GDP.

Money Supply Growth

An increase in the total amount of money in circulation or in the economy within a specific period.

Monetarists

Economists who believe that variations in the money supply have major influences on national output in the short run and the price level over longer periods, and that the objectives of monetary policy are best met by targeting the growth rate of the money supply.