One Way to Ensure That Team Members Have High Performance

question 69

Multiple Choice

One way to ensure that team members have high performance norms is

• A) to increase the cohesiveness of the group.
• B) to select high performing individuals as team members.
• C) to tolerate loafers.
• D) all of the above

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Definitions:

Limited Liability

A legal principle that limits an investor's losses to the amount of their investment, protecting personal assets beyond the investment in the company.

Corporate Profits

The residual income of businesses after paying all expenses, including taxes and operating costs, often reported quarterly or annually.

Corporate Directors

Members of a company's board of directors, elected by shareholders, responsible for overseeing the management and making key decisions affecting the company's direction.

Capital Budgeting

A process that companies use to evaluate and select long-term investments based on their potential to generate profit.