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Table 11.2 A Team of Business Students Is Working on a Semester-Long

question 14

Multiple Choice

Table 11.2
A team of business students is working on a semester-long class project. The nature of the project is additive, each team member must have information from several other team members in order to complete his/her portion of the project. In a group meeting, Joe tells Amanda that if she will proofread his part of the paper, he'll set up the spreadsheet formulas for her calculations. Amanda tells him no thanks. She's not really concerned about the quality of his section of the project and she'd just as soon work on her own. She thinks she can do a much better job than Joe setting up the spreadsheet. Another member of the team, Celine, wants everyone to have the same outcome from this project. She cautions those with weak work to improve it and asks the stars to tone down their work a bit so as to not embarrass the weaker members of the team. Paul wants to maximize the outcome of this project for everyone. He wants everyone to experience complete satisfaction with the process, the project, and their final grade. The reality is that the team will receive two grades. There will be a team grade and then each individual will receive a separate grade on his/her section. The grades are weighted 40/60.
-Refer to Table 11.2. Joe's offer to Amanda is an example of:

Definitions:

Interest Revenue

Income earned from lending funds or investing in interest-bearing assets.

Debt Investments

Financial assets purchased with the expectation that the investment will generate interest income from the debtor and be repaid at a future date.

Stock Investments

Investments in the equity or stock of another company, intending to earn dividends or sell for profit.

Debt Investments

Financial assets representing money lent to an entity (corporate or governmental) that must be paid back with interest.