Team Performance Management Must Consider the Type of Team in Question

question 21

True/False

Team performance management must consider the type of team in question before performance measures are put in place.

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Definitions:

Production Possibilities

A graphical representation showing the maximum quantity of goods and services that an economy can produce when all resources are used efficiently.

Circular-Flow Diagram

A visual model of the economy that shows how dollars flow through markets among households and firms.

Capital

Resources made and used to produce and distribute goods and services; examples include machinery, buildings, and tools.

Firms

Business organizations that produce goods or services, often to make a profit.