The Team with High Time Durations and Low Team Member

question 70

Multiple Choice

The team with high time durations and low team member time commitments is the

• A) project team.
• B) self-managed team.
• C) parallel team.
• D) virtual team.

---

Definitions:

Optimal Consumption Bundle

The blend of items and services that enhances a buyer's fulfillment to the fullest within their spending ability.

Consumption Bundle

A combination of goods and services that a consumer chooses to consume within a given time period.

Income

Funds acquired regularly as earnings from employment or investment returns.

Substitution Effect

The change in consumption patterns due to a change in relative prices, holding the consumer's utility level constant.