Teams That Have Complete Responsibility for Whole Tasks, Products, or Service

question 85

Multiple Choice

Teams that have complete responsibility for whole tasks, products, or service lines are called

• A) self-managing work teams.
• B) quality circles.
• C) complete teams.
• D) task-focused teams.

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Definitions:

Consumer Surplus

The distinction between the total cost consumers are willing to offer for a good or service and the amount they eventually pay.

Surplus II

An excess amount of a product or resource compared to the demand, often resulting in lower prices.

Surplus III

An excess of production or supply over demand, often referring to goods in a market that exceed buyer requirements.

Consumer Surplus

The distinction between the price consumers are inclined to pay for a product or service and what they ultimately pay.