Which of the Following Characteristics Do Groups and Teams Always

question 47

Multiple Choice

Which of the following characteristics do groups and teams always have in common?

• A)complimentary skills
• B)individual and mutual accountability
• C)intense focus on a specific,common goal
• D)positive synergy
• E)membership of two or more people

Understand the principles and application of work sampling and time studies in measuring work performance.

Describe the concept of the visual workplace and its benefits to the organization.

Explain the concepts of normal pace, labour standards, and establishing a fair day's work.

Detail the procedures and statistical tools used in work measurement and standard time determination.

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Definitions:

Discount

A reduction from the usual cost of something, often used to encourage sales or purchases.

Debt Financing

A method of raising capital through borrowing, which involves taking loans or issuing bonds.

Equity Financing

A method of raising capital through the sale of shares in a company, giving investors ownership interests.

Ownership Interests

Pertains to rights or claims individuals or entities have in an asset, potentially entitling them to income generated by the asset and a share in the asset's liquidation proceeds.