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When Are Virtual Teams Most Effective

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When are virtual teams most effective?


Definitions:

General Items

Products or goods that do not require special handling or storage, and are commonly found and used.

Hockey Stick Phenomenon

A pattern in business where a significant increase in orders or performance is observed right before a deadline, resembling the shape of a hockey stick.

Evaluation Period

The designated timeframe during which the performance, efficiency, or effectiveness of a project, program, or strategy is assessed.

Revenue-sharing Contract

An agreement between two or more parties that stipulates the proportion of revenue generated by a business venture to be distributed among the partners.

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