The Key Element of Effective Teamwork Is

question 126

Multiple Choice

The key element of effective teamwork is

• A)commitment to a common purpose.
• B)adequate compensation.
• C)strong presentation skills.
• D)homogeneity among members.
• E)striving for perfection.

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Definitions:

Economic Incentive

An economic incentive is a financial reward or penalty that motivates individuals or firms to pursue certain courses of action or to employ certain resources in a specific way.

Unanimity

Complete agreement among all members or participants in a particular decision or vote.

Voting Structure

The method or system used to carry out the process of voting or making decisions within an organization or a country.

Economic Efficiency

The optimal distribution of resources in a society, minimizing waste and maximizing value.