Fleesum Recently Began Using Cross-Functional Teams

question 305

Multiple Choice

Fleesum recently began using cross-functional teams. Dee wants to make sure the teams collaborate effectively, but also wants to avoid stifling individual initiative. One method she could use to achieve this goal would be to

• A) use a more autocratic management style.
• B) use a skill-based pay plan for the teams.
• C) base the compensation of team members on a commission rather than a salary.
• D) implement a job sharing plan for team members.

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Definitions:

Burden Of The Tax

The burden of the tax refers to the impact of a tax on the economic welfare of stakeholders, indicating who ultimately bears the cost of the tax.

Elasticity Of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, quantitatively measured as the percentage change in quantity demanded relative to a percentage change in price.

Elasticity Of Supply

A measure of how much the quantity supplied of a good changes in response to a change in its price.

Tax Revenue

It's the income that is collected by governments through taxation.