Which of the Following Best Describes a Norm

question 226

Multiple Choice

Which of the following best describes a norm?

• A) It is a behaviour, rule, or standard expected to be followed by team members.
• B) It is the degree to which members are attracted to and motivated to remain part of a team.
• C) It is the tendency of individual team members to engage in self-serving behaviours.
• D) It is the way team members of any team actually work together as they transform inputs into output.
• E) It is the differences in values, personalities, experiences, demographics, and cultures among the membership.

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Definitions:

Good 1

Typically a term used in economics to represent a specific commodity or product in theoretical discussions.

Budget Constraint

A limit on the consumption choices of individuals or entities based on their income and the prices of goods and services, representing all possible combinations of goods and services that can be purchased.

Utility Function

A mathematical representation that ranks individuals' preferences over a set of goods and services to represent satisfaction levels.

Consumption Bundle

A combination of different goods and services that a consumer chooses to consume at a given time.