A Key Difference Between a Team Structure and a Virtual

question 27

Multiple Choice

A key difference between a team structure and a virtual organisation is that a team structure ________ while a virtual organisation does not.

• A)permanently employs team members
• B)works on projects
• C)holds group members accountable
• D)empowers group members

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Definitions:

Productive Assets

Assets that are used in the operations of a business to generate revenue, including machinery, buildings, and equipment.

Operating Activities

Business activities and transactions related to the primary operations of a company, including cash inflows and outflows.

International Financial Reporting Standards

A set of global accounting standards developed by the International Accounting Standards Board for financial reporting.

Financing Cash Flow

Cash flow related to the financing activities of a business, including issuing or buying back shares, debt issuance, and payment of dividends.