A Number of Factors Must Be in Place for a Team

question 19

Multiple Choice

A number of factors must be in place for a team to perform well.All of the following are considered essential for team effectiveness EXCEPT the:

• A)knowledge and skill regarding the team task.
• B)motivation to accomplish the goals of the team.
• C)ability to identify the different personality styles of team members.
• D)ability to coordinate effort and communicate well with others.

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Definitions:

Default Risk

The probability that a borrower fails to meet the obligations of paying back the interest or principal on a debt on time.

Nominal Wages

Wages paid to employees that have not been adjusted for inflation, representing the amount of money earned in current dollars.

Inflation Rate

The rate at which the overall price level of goods and services increases, thereby reducing the buying power.

Nominal Wage Rates

The amount of money paid to an employee by an employer in current prices, without adjusting for inflation.