Suggest at Least Two Specific Actions Marco Can Take to Make

question 23

Essay

Suggest at least two specific actions Marco can take to make his department more efficient and / or more effective. Explain your suggestions.

Identify empowerment skills required for effective team performance.

Recognize the connection between team structure and its operational effectiveness.

Understand the role and impact of competitive and cooperative behaviors in a team context.

Acknowledge the significance of communication and process skills in team dynamics and empowerment.

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Definitions:

Economies of Scale

The savings businesses gain from operating at a larger scale, where the expense for each unit produced diminishes as the scale enlarges.

Short Run

A period in which at least one input in the production process is fixed, limiting the ability of a firm to adjust to changes in market demand.

Long Run

An economic term referring to a period during which all factors of production and costs are variable, allowing for full adjustment to changes.

Fixed Cost

Costs that do not change with the level of output or sales, such as rent or salaries.