Solved

Refer to the Scenario Below to Answer the Following Questions

question 139

Multiple Choice

Refer to the scenario below to answer the following questions.
A New Group (Scenario)
David had been away from his old company, Control Tech, for a while. He remembered that when he worked there 10 years ago, the company was very traditional and conservative. The lines of authority and responsibility were established and clear. Now, it felt ironic that he was managing the consulting team that was going to help bring a group orientation into being. In addition to the traditional hierarchy, with a manager and subordinates, he saw a need to introduce teams comprised of individuals from various work areas to help solve operational problems. He also felt that for certain projects, there could be groups that could function essentially independently, even taking on traditional management responsibilities such as hiring, planning, and scheduling. Plus, he also saw real potential for special, temporary projects to be handled by groups that would disband once the task was completed.
-David also saw a need for __________, which are essentially independent groups taking on traditional management responsibilities.

Definitions:

Post-employment Benefits

Benefits, other than termination benefits, that are payable after completion of employment, typically after the employee retires; includes pensions, other retirement benefits, post-employment life insurance, and post-employment medical care.

Key Management Personnel

Individuals who have the authority and responsibility for planning, directing, and controlling the activities of an entity, typically at a senior level.

Joint Control

A situation in an arrangement where more than one party has control together, requiring unanimous consent for decision-making.

Economic Entity

An organization or unit in the economy that is capable of conducting economic activities, such as businesses or households.