A Work Group Differs from a Team in What Way

question 42

Multiple Choice

A work group differs from a team in what way?

• A) In a team, everyone is equal. In a work group, some members have more power than others.
• B) A work group depends on an outside supervisor for direction, while a team self-directs.
• C) A work group self-directs, while a team depends on an outside supervisor for direction.
• D) A team tends to have better rapport between members than a work group.

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Definitions:

Turnover Ratio

A measure of the trading activity in a portfolio, indicating how often assets within the portfolio are bought and sold over a specific period.

Average Daily Assets

A measure used in finance to calculate the average value of assets held by a fund or company over a specific period.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

Lock-up

A period post-initial public offering (IPO) during which shareholders are restricted from selling their shares.