The Principles of Teams and Teamwork cannot Be Applied to Sports

question 119

True/False

The principles of teams and teamwork cannot be applied to sports teams because the fan public expects only high individual performance and team results are unimportant.

---

Definitions:

Differentiated Products

Products distinguished from similar products by characteristics like quality, design, location, and method of promotion.

Variable Costs

Costs that change in proportion to the goods or services that a business produces, such as materials and labor.

Total Cost

The costs, both explicit and implicit, of all the resources used by the firm. Total cost includes a normal rate of return for the firm’s equity capital.

Profitable

A financial status indicating that revenues exceed the costs and expenses associated with operating a business.