Cross-Functional Self-Managed Teams Work Best When ________________

question 141

Multiple Choice

Cross-functional self-managed teams work best when ________________.

• A)leadership is shared
• B)there are at least two line and staff mangers on the team
• C)the teams consist of members of only two functional units
• D)The academic levels of all members are comparable

---

Definitions:

R&D Expenditure

The amount of money spent on research and development activities to create new products, processes or improve existing ones.

Interest-Rate Cost

The cost associated with borrowing money, expressed as a percentage of the total amount borrowed, which accrues over the period of the loan.

Venture Capital

Financing that investors provide to startup companies and small businesses believed to have long-term growth potential.

Start-Up

A newly established business, often focused on a unique product or service, aiming for rapid growth and market penetration.